Tag: liquidity event

Portland’s Janrain has been acquired by Akamai

Remember how I said that one of the issues with creating a self-sustaining ecosystem in Portland was the irregularity of liquidity events? Well, I don’t want to get my hopes up, but… we just started the third month in a row with a liquidity event. This time, it’s Janrain getting acquired by Akamai.

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It’s beginning to look a lot like liquidity events: CUNA Mutual Group secures Portland’s Mirador, Marquee Brands bags Hood River’s Dakine

If you’ve spent any time on this blog, you’ve no doubt heard me bemoan — or maybe even wax poetic — about the fact that it’s very rare for Portland or the region to have a a succession of exits or liquidity events. They generally happen as one offs. Or blips. But with recent activity for Cozy and Radar followed quickly by news of Mirador and Dakine, I’ll be darned if I’m not getting a wee bit optimistic about breaking that curse.

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