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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Microsoft on 🔥🔥🔥

After Microsoft’s Q4 earnings call last week, the WSJ wrote, “Microsoft’s comeback is no longer tech’s best-kept secret.” The company made over $125B in revenue and $10.6B in profit last year, beating analysts’ forecasts on both numbers. (by the way, in case you were wondering, $125B a year translates to $240K every minute 💸)

Charlie Bilello also posted a cool chart on Twitter illustrating this comeback. In 2000, Microsoft was the largest company in the world, but their stock suffered a 70% drawdown over the next 9 years, hitting a low in March 2009. Now, 10 years later, they are back at the top with a trillion dollar market cap. Pretty cool.

Also, remember that time Slack bought a full page ad in the New York Times to write an open letter to Microsoft welcoming them into the messaging market? Well, last week Microsoft announced that Teams has overtaken Slack in daily active users (13M vs. 10M). Seems like there are a lot of things to be excited about over in Redmond!

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