The DL — An inside view into Pacific Northwest Tech

Seattle Tech Trends — What’s Happening in Real Estate?

  • Vacasa, StayAlfred, and Domicile are property managers who enter long-term leases and re-market properties on short-term rental sites
  • OYO isn’t a Seattle company, but they just expanded here and have a crazy story. Short version: six year old company, started by a 19 year old CEO, now the third largest hotel chain in the world
  • Loftium offers customers discounted rent in exchange for managing an on-site Airbnb
  • Crowdstreet operates a marketplace for individuals to invest in commercial real estate projects
  • JetClosing digitizes the home closing process through a mobile-first title and escrow service
  • FlyHomes is a fully-integrated digital brokerage that offers things like cash offers and sale guarantees
  • Knock is a customer relationship management platform for multifamily property managers
  • Moxi Works is a set of software tools for residential brokerages that spun out of Windermere’s tech department

Microsoft on 🔥🔥🔥

Other stuff I’ve been talking about

  • 📺 or 👨‍🚀? — Kids in the US and UK want to become YouTubers when they grow up, while kids in China want to become astronauts. As a millennial, I’m thinking, “Why not both?” 🤷‍♂️
  • 📞”Can you send me some money?” — Criminals are now using audio “deepfakes” to impersonate CEOs and ask for money transfers
  • 😃 Emojis — There is a 12 person committee that decides what becomes an emoji, and you can look at all the applications they get. Here’s the one for the sloth emoji (yep, they reference Kristen Bell)
  • 🎧 Bill Gurley podcast — This is a conversation between one of the best interviewers and one of the best VC investors ever. Learn all about network effects, marketplaces, and IPOs. Highly recommend

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About me: I work as an investor at Madrona Venture Group, a Seattle-based venture capital firm that has been early partners with companies like Amazon, Smartsheet, Apptio, and Redfin.



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Daniel Li

Daniel Li


Founder of Plus, a tool to help people easily capture, see, and share data. Formerly a VC at Madrona Venture Group. Writing about startups and investing