Portland startups, open source, and tech news, jobs, and events #pdx
Playdate is a new gaming console from the beloved Mac development studio Panic. It’s small, has a metal crank, and is unlike any console we’ve played to date — and we love it.
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Rick Turoczy writes about what makes the Portland Incubator Experiment work — and what makes it worthwhile.
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Venture capital investors closed fewer deals in the Portland metro area in the first quarter of 2022 compared with last year. However, activity wasn’t far off from the number closed in the first quarter of 2020 and was well above the number closed in the first quarter of 2019.
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I’m always saying that we have a super interesting fintech cluster here in town. Thanks, in part, to the diaspora from early challenger banks like Simple. And a recent hire — by a company helmed by one of the cofounders of Simple — lends credence to that assertion. You see, Chris Chen, formerly CTO of Wyre, has joined Sila as CTO.
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Sometimes, big news happens. Which means a bunch of people write about it. And that means a lot of links. So I’ve captured those links for you in a roundup. The topic? The planned acquisition of Portland’s Puppet.
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I’ve had the opportunity and pleasure of covering Puppet since Reductive Labs relocated to Portland in 2009. It’s been among the most interesting journeys of a company in the Portland startup community. And it’s been great to be part of that journey of observation. And even collaboration, as PIE, the organization I run, had the opportunity to work with Puppet, 2019-2020. But as with many journeys, they come to an end. As this begins to, today. Puppet is on the path to being acquired by Perforce.
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If you’re a founder, you know. For all of the veneer and hype, it’s incredibly draining to be the founder of a startup — or any company for that matter. It’s lonely. It’s grueling. It’s emotionally and mentally challenging. And it’s nearly impossible to manage everything you have to do.
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No matter how your company approaches mobile app experience, there’s no question that MAX is becoming the digital center of the customer experience universe. In fact, mobile apps are becoming the preferred destination where the exchange of value between customers and brands is most respected and rewarded.
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You know what I always say. No. Not that. The other thing. The thing about serial founders. You know, the thing about how the Portland startup community needs to get to a point where it’s not burning out founders so much that they never start other projects. How we need more serial entrepreneurs and folks with startup experience starting new things. Again and again. That thing.
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Altogether, investors put $82.8 billion into seed through growth-stage technology investments in the first quarter of 2022—down 11 percent from Q4 of 2021… but seed funding was up.
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