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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A-Cloud PRFAQ

To help address the problem of how concentrated Amazon’s power is, Tim Bray wrote a PRFAQ describing how Amazon might spin off their AWS business. If you’ve ever wondered what an Amazon PRFAQ doc looks like, check it out.

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Shoutout to the GeekWire Award Winners!

Hope you all tuned in to a fantastic virtual GeekWire Awards last week! Congrats to…

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Investors love SPACs

This is a big year for SPACs (special purpose acquisition companies). The way a SPAC works is…

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Madrona's Investment Themes

Over the next few weeks, Madrona is publishing our 2020 investment themes. We expect to see significant growth in these areas over the next five to ten years and are searching for new investment opportunities...

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+1 to the PNW Unicorn Tracker 🦄

The PNW got its newest unicorn last week, as Qumulo raised a $125M Series E at a $1.2B valuation! This is the 37th startup (according to The DL’s unicorn tracker) to reach a $1B+ valuation in the PNW...

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Survey says... long $AMZN!

Last week, I pointed out that the tech stocks are hitting all-time highs and asked you to predict which one would hit a $2T and $10T market cap first.

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Seattle's First IPO in 2020 🎉

Accolade went public on July 2, and it was Seattle’s first IPO of the year! Geekwire wrote a great article on the IPO and interviewed Accolade’s CEO, Raj Singh.

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Slack vs. Microsoft

Stratechery wrote a great article this week on the future of Slack. He starts by going back to that time Slack took out a full page NY Times ad to throw shade on Microsoft Teams (and points out that now Teams has 75M DAUs, while S

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June 2020 PNW Venture Deals

Here are the PNW startups that announced new fundraising rounds in the month of June. These 20 companies raised more than $1.1B last month!

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Vancouver, WA on the front page of Reddit 👏

Of course, Reddit was quick to point out that Batman’s mask doesn’t cover his mouth or nose. 😆

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