Still virtual: Portland Lunch 2.0 is Wednesday and Founders Live Portland is Thursday

While it appears we’re edging ever closer to another lockdown, I remain hopeful that we continue to build and connect community regardless of what the future might hold. So if you’re interested in connecting with folks in the Portland startup community in a virtual environment, there are two events this week designed to do just that.

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Portland fintech startup Sila raises $13 million Series A

In case you haven’t been tracking, former Simple cofounder Shamir Karkal has been quietly building another fintech startup here in Portland. But after today, it might not be “quietly” much longer. You see, that company, Sila, just raised $13 million.

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Sila partners with Constitution Lending

Sila, a Portland fintech startup that provides an API and SDK that enable app developers to incorporate financial transaction functionality into the solutions they’re building, has partnered with Constitution Lending to help improve their real estate lending capabilities.

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Another perspective on the impact of the Absci IPO

In case you were unplugged this week… former Portland startup now Vancouver, Washington, biotech company Absci went public, this week. Having been on an IPO team for a venture funded startup myself, I can attest to what a herculean effort this whole process entails. And how the Absci team deserves all of the accolades for pulling this off.

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Subfund now allows you to send Instagram DMs

Sometimes, the best way to understand the potential of a product is use it yourself. That’s why I’ve happily been mucking around with Subfund, which allows me to send Twitter direct messages, Facebook Messenger updates, and newsletters to folks who subscribe. Now, it also offers Instagram DMs.

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OpenSesame garners $50 million in private equity

While the most beneficial paths to liquidity for investors and founders can be the subject of debate, getting a company to the point of a private equity investment has become one of the more common modes of achieving that liquidity, around these parts. Today, another one joined the ranks. OpenSesame announced that they had attracted a $50 million private equity investment from JMI Equity and others.

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Founder of 1859 Ventures provides advice for would be Angels and early stage LPs

Definitions change. And culture changes. Which means that communities have to deal with those changing dynamics. But sometimes, those changes mean that folks lose the thread. And lose track of the reasoning behind why definitions and roles exist.

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Guest post: The Portland startup community is failing. Good.

Editor: Darius Monsef is a serial founder who has wrestled with the challenges of the Portland startup community, off and on, for nearing two decades. His first company, COLOURlovers, went through Y Combinator and merged with Creative Market before being acquired by Autodesk. He cofounded Sightbox which went on to be acquired by Johnson & Johnson. His latest pursuit is Brave Care, another Y Combinator alum that is rethinking the delivery of pediatric care.

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Dearest startup communities, You’re succeeding despite your best efforts to fail and burning out your biggest fans

There’s a great concept in the book Startup Communities about how folks have to have a long view on building communities. It’s work that takes decades. And that decade starts again every single day.

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