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|Saturday, September 01, 2007|
"It’s a very difficult environment. You’ve always had to have big ideas. Right now you have to have a very, very big idea." — JAY EISENLOHR, AMBRIC
BY CHRISTINA WILLIAMS
Yet it may be too soon to recite the epitaph for Silicon Forest. For all the well-known shortcomings, there are still strengths. It’s home to the world’s largest concentration of Intel employees, and the fact that Intel cut just over 1,000 jobs last year is good news for the startup world as top-trained talent becomes available. And even before Intel was a force, there was Tektronix, and Tektronix begat Mentor Graphics begat Planar begat InFocus begat Pixelworks and Enuclia. Silicon Forest talent runs deep.
And, with Ambric as exhibit A, the startup drive hasn’t diminished. By the end of the year Ambric, with Intel alum Howard Bubb as its CEO, will be in production on a chip that makes it easy to synchronize multiple computers. It has applications for high-end video and medical imaging, among others. Ambric has raised just south of $20 million in venture capital from OVP Venture Partners and others. Eisenlohr says the company will raise more before the year is out and will hire more engineers and programmers as it expands to other markets.
Stexar, formed by a tribe of former Intel engineers in 2005, toiled in secrecy for about a year before folding. Jonah Alben, vice president of engineering for Nvidia, says his company jumped at the chance to hire a talented team and is still adding to its 65-employee Beaverton-based design shop. “We’re finding good people to hire,” Alben says. “It’s the right thing to do. We can’t just say we are a Silicon Valley company, we have to go where the great talent is.”
One could make the argument that, despite their ultimate failure, the fact that companies like Enuclia and Stexar are able to get off the ground and hire a great team in the first place is illustrative of the region’s strength. Prusia says everyone from his team who wanted to stay in Oregon has found another job — either with employers such as Nvidia or with less established companies.
“Those who wanted a job here have found one,” Prusia says. “Depending on their desire for risk, some even went to another startup.”
Thursday, June 19, 2014
BY MONICA ENAND | GUEST CONTRIBUTOR
Nine tips for building habits among employees to respond when needed.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Monday, June 16, 2014
The Oregon economy could get a boost from a new trade agreement being negotiated between the U.S. and the European Union.
Friday, June 13, 2014
BY CLIFF HOCKLEY | OB GUEST BLOGGER
This article summarizes the key considerations a building owner must keep in mind when thinking about leasing to a medical marijuana dispensary.
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder Susan K. Eggum has been elected as vice chair of programs and projects for the International Association of Defense Counsel’s (IADC’s) Employment Law Committee.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.