40

PORTLAND

Portland is where the California hippies moved when San Francisco went from chill to zill (as in zillionaire). Cleaner than the grungier Seattle, rainy Portland attracts the creative, free-spirited entrepreneurs with great microbreweries, roses, good food, and a welcoming environment. Finally, thank god for modernity—over a hundred years ago, Portland was considered the most dangerous city in the states to go out for a drink. Not because you might end up dead, but shanghaied on a boat to another country.

VENTURE ACTIVITY Q4’15 - Q3’16

VC FUNDING: $370.9M

DEALS: 78

EXITS: 30

5 YEAR YoY FUNDING GROWTH: -12.4%

5 YEAR YoY DEAL GROWTH: -5.6%

Source: CB Insights