Startup exits—or “liquidity events” as they call them in the biz—are great. And when the exits are multiples of the amount of capital a company has raised, they’re great for both the founders and the investment community. But sometimes the impact of those exits and their impact on the Portland startup community can be a little more nuanced. So I thought I’d share some thoughts on why the recent Cozy and Radar exits are important to our community.
Maybe it’s the fact that I grew up on a steady diet of Laverne & Shirley and Joanie Loves Chachi. Or maybe it’s that I’m nostalgic for the Portland tech days of yesteryear, when the tech community was littered with successful spin outs born from tech giants like Tektronix and Intel. Read More