In the world of equity financing and startups, it’s not rare to see folks adding new board members when they announce funding rounds. Because it’s usually VCs who have invested who are getting those seats. So when Portland startup Sensu announced a new round of funding and new board members, it was a pleasant surprise to see that one of them was an independent, Luke Kanies, founder of Puppet.
In the startup world, there are some prevailing assumptions about venture capital and building companies. But just because those assumptions are prevailing doesn’t mean they’re correct. That’s why I always like resources that help demystify the world of venture capital and its impact on companies. Like Venture Deals by Brad Feld and Jason Mendelson.
Not so long ago, banks were a viable means of financing business. But as the terms of that financing became more inaccessible and onerous, we saw new models arise. One of those models was venture capital. Now—thanks in part to efforts like the Zebra movement—the VC model is beginning to show its own imperfections, inadequacies, and inaccessibility. So it only makes sense that folks would start thinking about new models for financing. One of those folks is Portland’s Luke Kanies, founder and former CEO of Puppet.
More often than not, startup stories fail to be tales of overnight success. Quite the contrary. Founders have any number of trials and tribulations, tests, and failures. So founders recounting their journeys are often tales of perseverance and survival. But those stories need to be shared. That’s why Portland startup Cozy is providing a stage for that to happen. With Conversations at Cozy. Read More
You may remember news earlier this year about Reductive Labs, a company started by a couple of former Reed students who—upon garnering $2 million in venture capital—announced that they were moving their company to Portland. Or you may know them as the folks behind Puppet, an open source language for configuration management.