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|Articles - Jan/Feb 2012|
|Thursday, January 19, 2012|
Page 5 of 5
As Oregon tries to dig out from the recession, there are signs that some of the social and economic conditions that affect Oregon M&A activity may be changing: new laws expediting permitting of companies on industrial land, a burgeoning activewear industry cluster, and passage of education reform legislation to begin shoring up state universities.
The Oregon Innovation Council recently awarded $1.2 million to a new collaborative, Drive Oregon, intended to commercialize electric vehicles. “The only way to do it in a small state is to recognize you’re small and you need to work together and pool your resources,” says Chen.
Meanwhile, ESCO and Erickson AirCrane may end the Oregon IPO drought, and among the new generation of companies and entrepreneurs, especially in the tech community. Portland-based Puppet Labs, which develops IT automation software, and Urban Airship, a mobile software developer also in Portland, are actually getting big. The latter’s transformation from unemployment benefit-funded startup to a 600% annual growth rate already is becoming the stuff of
“There’s nothing in their DNA saying: ‘I’m going to be a nice little Oregon company. They’re world-class,” says Diane Fraiman, a partner at Voyager Capital, based in Portland and Seattle, about this new generation.
Maybe Urban Airship, which launched in 2009 and has since attracted about $26 million in investment capital, will become the next Mentor Graphics. Then again, such companies may still be swimming against the tide. As a growing number of commentators have noted, the entrepreneurial ethos is becoming a hallmark of our era.
“Generation Y is born to start up,” proclaimed Fast Company in November. If that’s the case, Oregon is on the frontlines. Writing in a recent New York Times essay, Portland author William Deresiewicz described the region as an epicenter for “Generation Sell,” in which “today’s ideal social form is not the commune or the movement or even the individual creator as such; it’s the small business.”
Deifying innovative locally owned small businesses put Oregon on the global map. But the region’s love of the new idea, and its acquisition and scaling by outsiders, has also become something of a metaphor. If we don’t figure out how to keep and grow more of our innovation — be it in coffee, clean tech, or urban planning — the region’s unique topography may just disappear.
Thursday, September 25, 2014
BY LINDA BAKER
Two businesswomen, two iconic food brands and one food-obsessed city. We thought this sounded like a recipe for good conversation. So in late August, Oregon Business sat down with Wendy Collie, CEO of New Seasons Market, and Kim Malek, owner of Salt & Straw, to discuss their rapidly expanding businesses and Oregon’s trendsetting food scene.
Thursday, September 25, 2014
BY LORI TOBIAS
Business has been good to Laura Anderson, leading some to suggest she must be awfully lucky to find such success in a business notorious for failure. But luck’s had little to do with it.
Friday, September 26, 2014
BY JASON NORRIS | GUEST BLOGGER
This post focuses on the recent release of the new Apple iPhone as well as Alibaba's IPO, the largest U.S. IPO in history.
Wednesday, August 27, 2014
BY KLINT FINLEY
Treehouse CEO Ryan Carson builds a 21st-century trade school.
Monday, September 29, 2014
BY LINDA BAKER | OB EDITOR
Wehby disappears, Kitzhaber fails to disclose and Seattle gets bike share before Portland.
Monday, August 25, 2014
BY JASON NORRIS | OB GUEST BLOGGER
Ferguson Wellman’s investment views on the economy and capital markets.
Tuesday, August 26, 2014
BY DEBRA RINGOLD | OP-ED CONTRIBUTOR
Why has six years become an acceptable investment in public undergraduate education that over-promises and underperforms?
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