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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👊 Go Docusign!

After its IPO in 2018, Docusign traded around $40-50 per share, and today it’s trading at over $160, giving it a market cap of ~$30B. Thanks to this growth, Docusign is officially becoming part of the NASDAQ 100 (100 largest compa

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The Future of EdTech

Scott Galloway wrote a great piece on the future of education in NY Mag, and instead of just naming startups building personalized education tech, he says:

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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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ARK Big Ideas 2020

I really like ARK’s research reports because they do a good job analyzing markets from first principles (even though I sometimes disagree with their conclusions). Here’s a link to their 2020 report...

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Get rich (selling software) or die tryin' (anything else)

It seems to me there are two dominant startup models in tech today...

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