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In the world of startup accelerators, there are two juggernauts: Y Combinator and Techstars. So I’m always happy to hear when a local company makes it into one of those programs. Especially when it’s the original Techstars in Boulder, which — at least in my mind — carries with it an additional prestige. And that’s where Bend startup LuDela will be spending a three-month stint.
Okay. There’s a lot more to dig into here… but just to get the news out. We’re going to have WeWork Labs in Portland. Great right? Even better? It’s going to be headed up by none other than startup ecosystem builder extraordinaire and the unofficial mayor of Portland Stephen Green.
Startups have to juggle a lot. A lot. So picking their battles — or applications as it were — is an important part of deciding how they’re going to spend their time. And in my opinion, if you’re a founder who identifies as a woman, person of color, or LGBTQ, you’d be smart to spend your time applying to the Backstage Capital Accelerator. Because there isn’t a more truly and earnestly inclusive investor and accelerator, local or otherwise.
Well, at least we’re consistent. We never managed to get Google Fiber. Even though we submitted an RFP, we weren’t even really in the running for Amazon HQ2. And now, we just missed being the fourth location for the Backstage Capital Accelerator.
I get it. You’re busy. You’re building your company. And you meant to get those startup accelerator applications done last weekend. But time just got away from you. Well, you better carve out some time this weekend, or you’re going to miss out altogether.
I’ve been working in, on, and around venture funded startups for the past two decades and then some. And yet, I’ve never quite seen anyone manage to take the traditional myopia of venture capital head on. And win. But then there’s Arlan Hamilton. Who’s doing just that.
Startups often like to test things. And then iterate. And test again. Before making a big leap. So it stands to reason that an organization that spends its time working with startups would take a similar tact. That’s why local startup accelerator PIE has been working with a handful of companies to beta test its new offering, PIE Shop.
In case you missed it, yesterday was one of those rare Oprah-giving-everyone-a-car sort of days in the early stage startup world. You see, Y Combinator—the most successful startup accelerator in the world—had a glitch that caused them to send acceptance letters to applicants for their Startup School program. And it wasn’t just a handful of folks. Estimates are that it was around 15,000 applicants.
It’s always a joy to see new startup accelerator programs starting in the Portland startup community. One might say that, with this one, my tail is wagging. My tail… Ahem. *tap tap tap* Is this thing on?
There was a time, not so long ago, when Portland had a plethora of incubators and accelerators. Corporations, organizations, and venture capital were all part of the family of accelerators designed to help early stage companies in Portland. And while the number of accelerators is only a fraction of what it was, the learnings from those efforts are creating new and different entities. Like the new Jaguar Land Rover Innovation Labs.