Hey, I'm Dan! I invest in early-stage startups at Madrona and write the DL, a weekly newsletter about tech in the PNW

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Expedia Raises $3.2B and Gets a New CEO

In Expedia’s announcement about their $3.2B in new funding and new CEO, Barry Diller said, “We are unable to make any predictions as to when travel will rebound but we emphatically believe that it will.”

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SaaS Trends during the Crisis

Last week at the SaaStr conference, ProfitWell shared data on how 10K+ SaaS companies are being impacted by COVID-19. Some of the takeaways:

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How to Close a $10B Deal

A couple weeks ago, the Department of Defense released a 317 page report on the $10B JEDI contract. While the report was meant to investigate misconduct, it’s also a great look at how the digital transformation and procurement pro

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How Seattle Businesses Came Together to Fight COVID-19

Fortune wrote a fantastic article last week on how Seattle came together so quickly to respond to COVID-19 in Washington...

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Billionaires Hate Bailing Out Billionaires

A bunch of tech investors and CEOs are criticizing the COVID bailouts because the funds are going to help shareholders (i.e., the 1% who own 50%+ of all equity) at the expense of employees and taxpayers (who will foot the bill).

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CalPERS Called Out

What a great board room story...

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Stop Buying Stuff on Amazon! -Amazon 😘

Amazon stock hit all-time highs last week, and they are selling so much stuff that they are literally redesigning their site to try to sell fewer items.

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Going Back to Work with Starbucks and Microsoft

Starbucks and Microsoft both have large businesses in China, so last week they shared some of their learnings about reopening in China with the Seattle business community...

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What's Happening in VR?

Videoconferencing software is blowing up while people are stuck at home (Zoom grew from 10M to 200M DAUs in three months, and Teams grew from 32M to 44M DAUs in a week), and it looks like people are going into VR to escape quarant

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First Round's Guide to Navigating the Crisis

If you haven’t already read a dozen “how to navigate the crisis” articles, this one is really good. First Round pulled together all of the advice they’ve been sharing with entrepreneurs along with links to resources.

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