Hey, I'm Dan! I'mĀ the CEO of Plus and a venture partner at Madrona. I write the DL, a newsletter about tech in the Pacific Northwest

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Trade of the Week šŸ’„

Last week, Bill Ackman, a billionaire hedge fund manager, did an interview where he teared up and warned investors that ā€œhell is comingā€ if the government doesn’t shut down the country.

Turns out that those were actually tears of joy because he made $2.6B on a $27M investment betting on a market crash. šŸ˜‚ Read his investor letter here, where he explains what he’s doing with the proceeds.



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