If you’ve been part of the startup community for any amount of time, you’ve likely heard it. It comes up regularly. That bemoaning the dearth of initial public offerings (IPO) by local companies. And using that as a means of assessing the viability of startup activity in the Portland area—and potentially Oregon—as a whole.
Well, part of that may be due to the fact that the whole industry is experiencing a change in the IPO landscape.
It is unusual to have a year when the stock market did so well overall, while the market for private companies going public proved to be punishing, particularly for the best-known startups.
And that makes this a super interesting read. For Portland. And for the broader startup community, as well.
Especially when coupled with this tweet.
