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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, June 05, 2014
BY HANNAH WALLACE | OB BLOGGER
What does it take to launch and run one of these mobile food businesses?
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 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
Thursday, June 19, 2014
BY MONICA ENAND | GUEST CONTRIBUTOR
Nine tips for building habits among employees to respond when needed.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
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.
Thursday, June 12, 2014
BY ANDREA DURBIN | OB GUEST BLOGGER
Last week, the Obama administration took an important and welcomed step in the effort to protect the health and well-being of all Oregonians by limiting carbon pollution from existing power plants.
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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.