Portland startups, open source, and tech news, jobs, and events #pdx
Part of the ebb and flow of the Portland startup community — or any startup community for that matter — is a regular cadence of companies being founded, funded, and acquired. We’ve seen a great deal of the founding and funding over the past few years. And now, there’s another acquisition in our midst. PIE and Techstars Seattle alum Caravel has been acquired by Commsor.
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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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Venture capital is dead. There, I said it. In the last 12 months, over $5 billion in venture investments have been lost globally due to a lack of return on investment from these funds. This was not an isolated incident either — there have been many more casualties across the globe as global markets continue to plummet with no end in sight. So what will replace VC?
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As local retail recovers from Covid-19 pandemic restrictions and shoppers return to more traditional retail channels, the team at Built Oregon is ending its online marketplace April 15.
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I know you’re busy. Building a company from scratch isn’t easy. And with so many things to do, it’s easy to lose track of stuff that’s not on the critical path for you. Which is why I’m taking the opportunity to remind you that applications for PIE, an early stage startup accelerator for product-based companies that has been working to support founders for more than 12 years, are due by March 14, 2022, at 11:59PM Pacific Time.
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[Editor: Portland startup founder Rachel Bell submitted this guest post as a way to share her experience in PIE, an early-stage startup accelerator. And to encourage other founders to apply to the program. The following post has not been edited. Full disclosure: I am the cofounder and general manager of PIE.]
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If you’ve followed PIE at all, you probably realize that they take the “E” in their name — which stands for “experiment” — fairly seriously. As a way of exploring new opportunities. And to ensure that they continue trying new things. Even if those things have a likelihood of failing.
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It’s that time of year. Time for the PIE startup accelerator to open its annual application period. And time for you, founder of a product-based startup, to decide if a startup accelerator could be beneficial for your company at this juncture.
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While we had all hoped to be through the whole pandemic thing by now, it’s still doing an incredible job of wreaking havoc on in-person events around these parts — and making every day seem like a repeat of the day before. While not ideal, virtual events still hold the potential to give us some semblance of human connection until we can gather IRL again. And there’s an opportunity to do so, this week: Portland Lunch 2.0.
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I had the opportunity to host an AMA session for my day job PIE, yesterday. And what was scheduled to be an hour-long Q&A session wound up going almost twice that long. Lots of good questions. Lots of not-so-direct answers. But if you’re interested in the world of startup accelerators, I sincerely hope you find some value in it.
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