Support Portland, Raise Outside of Portland

There seems to be a constant stream chatter about how the Portland startup ecosystem compares to the Bay/Seattle.

Inherently, a major piece of this conversation is about the ability or inability to raise money locally. This assumes that if there is money to be had locally, it’s the better choice – raise locally, hire locally, and in doing so support the Portland startup scene.

Below, I’ve outlined three reasons why I feel this state of mind is ass backwards.

Broaden the Pool. Every time a company raises outside of Portland, it puts our city on the radar for an entirely new group of investors, advisors, and mentors. Every time a Portland entrepreneur leaves the city to find resources that either don’t exist, or are less readily available (talent pool / investment), they bring it back...

Continue reading