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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Amazon

Amazon is the biggest advertiser on earth

Amazon spent $11B on ads last year. That’s literally enough money to buy an Echo for every single person in America and have $1.5B left over to go acquire Sonos. According to WPP, this represents ~2% of all global ad spend...

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Amazon reaches $1T market cap!

Amazon has officially joined Apple ($1.4T), Microsoft ($1.4T), and Alphabet ($1.0T) in the cuatro commas club! To celebrate, here are a few great quotes from haters including Barron’s 1999 Amazon.bomb article:

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How much money does Twitch make?

So we know that the highest paid YouTuber makes $25M+ per year (btw - he’s eight years old), and the biggest Twitch/Mixer streamer makes $1M per month, but how much does Twitch - the company - make?

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AWS re:Invent 2019 Recap

Last week was re:Invent, AWS’s big customer and partner conference. I got a bunch of free socks from enterprise software companies, and AWS announced a ton of new products and services. Key takeaways...

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America’s CEO Factory?

According to CEO recruiters, “like GE in its heyday, Amazon is viewed as a so-called ‘academy company’ where leaders are groomed...”

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