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- A tumblr site dedicated to the people and places that make up Oregon and Southwest Washington.
I'm a native Oregonian with a Ph.D and 25 years experience in professional software development at places like Bell Labs, Intel Architecture Labs, Tektronix Labs. Further, I've previously founded a local sw company, and over past 5 years personally developed high-value communications sw essentially on my own in a high profile open source project.
I can say confidently that Portland (and by extension Oregon) is *terrible* for starting a competitive entrepreneurial software company. The technical talent is here...and very hard working...but the local gatekeepers (i.e. the existing business and investor types) have absolutely *no* understanding of what it means to do competitive sw startup (e.g. see 'the social network'...it wasn't Madison avenue that created Facebook). Also the local investors have lost to Silicon Valley and Seattle sw companies so many times that they are scared of actually trying to compete with those companies technically (and technical competition is the *only* way to compete in high tech...all you need to convince yourself of this is look at the dominant players in sw...*every one* is driven by technology).
Yes, VC investment may be up, but the *starting* (seed level investment) in the local area is not up...and that's where the money is really needed (i.e. the earliest stages...pre-VC). At that level (seed stage) we are *terrible* about supporting entrepreneurs like me...and it's people like *me* (not the head of the PBA) that are going to improve the local economy and create high-paying jobs...or perhaps not and we will continue 'circling the drain' with our economy.
Our 'investment class' has to a) get over themselves; b) find people like me that actually *can* compete in technology; c) not be so conservative and actually put some money up for something they don't understand (if they don't want to lose to SV again for the next gen of fb, twitter, youtube, google, etc).
posted 2 years, 3 months ago
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