Hey, I'm Dan! I invest in early-stage startups at Madrona and write a weekly newsletter called the DL

Featured Posts:

Find Stuff:

Built with Webflow

Read this before starting a startup

One of last week’s top links on Hacker News was a post called I wasted $40k on a fantastic startup idea. It’s about one developer’s hard-earned lessons (nine months of work and $40K of savings) on how to validate a Brilliant Startup Idea.


It’s definitely worth learning from other people’s (expensive) mistakes, so if you have a startup idea, this is a great reference on how to evaluate whether something is a great business or just a great product. In case you don’t want to read the full thing, my favorite takeaway was this quote:

[Startups] can’t just create value for the user: that’s a charity. You also can’t just create value for your company: that’s a scam. Your goal is to set up some kind of positive-sum exchange, where everyone benefits, including you.


Liked this article? Sign up for the DL, my weekly newsletter 📬

Thank you! You'll receive your first issue of the DL on Monday!
If you want to check out older issues - click here for the archives.
Oops! Something went wrong while submitting the form.