Portland startups, open source, and tech news, jobs, and events #pdx
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 ā 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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Every year around this time, Portland has some sort of weather event. And right on time, the feet of snow falling nearby and the closure of I-84 are probably resulting in any number of tweets in the Portland area. As part of those tweets, an astute Twitter user like you might notice that the hashtag #pdxtst seems prevalent. But why is that?
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Sifting through job sites is a pain. (I mean, except for the Silicon Florist job board which is an absolute joy.) And trying to keep track of who is hiring what tech gig on Twitter can be challenging. That’s why there’s findtechjobs.io.
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In case you were unplugged this weekā¦ former Portland startup now Vancouver, Washington, biotech company Absci went public, this week. Having been on an IPO team for a venture funded startup myself, I can attest to what a herculean effort this whole process entails. And how the Absci team deserves all of the accolades for pulling this off.
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There’s a great concept in the book Startup Communities about how folks have to have a long view on building communities. It’s work that takes decades. And that decade starts again every single day.
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You’ve heard it a million times. “It’s hot enough to fry an egg on the sidewalk.” But is it? Is it really? Well, long time Portland startup community member Troy Howard took the opportunity to find out during the spate of record setting heat at the beginning of the week. And he captured his experiment on Twitter. Which included an egg, water, and a pie.
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Next week, Portland startup accelerator PIE will hold its 2021 demo day. This marks the seventh time that PIE has hosted the event and the second time it will be fully virtual. This time around, the event is designed to showcase companies who have participated in its full PIE and PIE Shop programs, as well as its light touch program, Slice of PIE.
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News has started bubbling about Twitter acquiring Scroll, a service that allowed users to pay a subscription to remove ads from popular content sites. Scroll also owns Nuzzel, a popular news service that shares stories that people in your Twitter timeline are sharing. Cool. But what does that have to do with Portland exactly?
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