Hey, I'm Dan! I invest in startups at Madrona and write the DL, a weekly newsletter about tech in the Pacific Northwest

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Back to growth mode?

When the pandemic first hit in March, many startups and VCs were ready for “The End.” However, over the last five months, not only have companies like Apple hit new highs, startups like Brex and Airbnb are seeing...

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Is Amazon Bad at Creativity?

Imagine spending ~$100M over five years to build and launch a “triple-A” video game. You give it away for free, but one month after launch you have <300 players. That’s what happened earlier this year with Crucible...

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COVID Activites

If you’re looking for a reason to head to Bend next month… Today at 1pm, the last Blockbuster is opening up the opportunity to book a sleepover inside their store:

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Inc 5000 PNW

Last week, Inc published their list of the 5,000 fastest growing companies in the country. There were ~190 PNW companies on the list, which feels low, but most of the companies aren’t really “startups,” so it’s not as West Coast..

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July 2020 PNW Venture Deals

Here are the PNW startups that announced new fundraising rounds in the month of June. These 23 companies raised more than $500M last month!

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31 Portland Startups

Cool project from Portland entrepreneur, Mark Grimes, who is challenging himself to launch 31 startups over 31 days in the month of August.

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Real Estate Craziness

One of my pandemic hobbies is browsing Redfin and Zillow to see what kind of house I could buy if I didn’t live in downtown Seattle. Of course, everyone else had that idea, too, so home sales are going through the roof.

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Five Years of PNW Venture Capital

I’ve been at Madrona for five years now, which means I’ve finally reached a kindergarten-level understanding of startups and investing! 🥳 In celebration, here’s a look back at how the PNW startup market has changed over those fiv

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Microsoft's #WashingtonCheck

OK, so what could make the PNW tech ecosystem even hotter? Microsoft acquiring TikTok! Lots of interesting details came out about this deal over the weekend:

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+1 🦄

Another one! Last week, Remitly announced an $85M Series F that valued the company at $1.5B, making Remitly the 38th PNW unicorn! In case you don’t know much about the company, here’s a quick summary:

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