31–40 of 106 posts
Can this be related to the fact that Oregon has no Sales Tax? http://en.wikipedia.org/wiki/Sales_taxes_in_the_United_State...
It's actually a very exit-unfriendly state from a tax standpoint. Very high state income-tax rate and capital gains are taxed at your state income level as well.
However, it's pretty sweet to pay the price listed at stores and restaurants.
Can this be related to the fact that Oregon has no Sales Tax? http://en.wikipedia.org/wiki/Sales_taxes_in_the_United_State...
Portland? WTF? Why? It's a hipster dump. Rains 9 months a year, has 12% perpetual unemployment, plus the USA's largest resident homeless population, which isn't terribly shocking given the awful job market. But, if you can actually get a job the salary will be circa 1994 and yet the property and rent prices are in fantasy land stuck in the 2006 housing bubble. Oh, plus the city has one of the highest suicide rates in…
Still waiting on that invite I signed up for what seems like a year ago. Can't leave Fifth Third soon enough.
BankSimple isn't a bank! What I don't understand is the fact that all of BankSimple's customers (banks) are in...New York...
That said, our processing technology partner, TxVia, is located in NYC, as are several of our investors.
Portland seems to be attracting a lot of hackers lately, so it will be interesting to see if the startup scene and investment money follow.
I live in Eugene OR. I am dying for a Ruby users group, or coworking spot, or anything! There is no sign of a tech scene at all here!
Portland seems to be attracting a lot of hackers lately, so it will be interesting to see if the startup scene and investment money follow.
It's already here. Our company (AppFog) was founded in Portland and we just secured our Series B. We have offices in the same building as JanRain and yet another co-working space. In Old Town or the Pearl District, there are startups on every other block. Interestingly, our biggest challenge right now is recruiting. If you're considering moving to Portland, we could use you. http://blog.phpfog.com/2011/06/10/we-are-h…
(I ask out of idle curiosity, because I once had the opportunity to do an MS in CS there a while (6 years) back, and I passed up because I couldn't take on the financial burden - please drop me an email if you feel this might threadjack the discussion here.)
I really love Portland, and I'm sure it's a great new home for BankSimple, but I am a little shocked that a company would move to a city where literally everyone in the company would have to be relocated. I've seen companies move to SF or NY before because of VC raised, but this is almost the opposite!
Still, there are a number of people in the company who are uprooting their lives in NYC, SF, and elsewhere, and we really appreciate that they were willing to do so.
I really love Portland, and I'm sure it's a great new home for BankSimple, but I am a little shocked that a company would move to a city where literally everyone in the company would have to be relocated. I've seen companies move to SF or NY before because of VC raised, but this is almost the opposite!
There are clues there: 1) they wanted everyone to be in once place 2) they're hiring a lot of people, especially customer service. Customer service in NYC or SF would be prohibitively expensive, so if they want to be all in one place, they would have to move anyway. This is no different than Zappos being in Las Vegas or Groupon being in Chicago (I think Zappos relocated). Personnel costs when you have 50 employees pe…
I really love Portland, and I'm sure it's a great new home for BankSimple, but I am a little shocked that a company would move to a city where literally everyone in the company would have to be relocated. I've seen companies move to SF or NY before because of VC raised, but this is almost the opposite!
Well, I heard that my milkman's aunt heard from a friend that Alex Payne said he would quit unless everybody moved over to become his neighbour!
Portland? WTF? Why? It's a hipster dump. Rains 9 months a year, has 12% perpetual unemployment, plus the USA's largest resident homeless population, which isn't terribly shocking given the awful job market. But, if you can actually get a job the salary will be circa 1994 and yet the property and rent prices are in fantasy land stuck in the 2006 housing bubble. Oh, plus the city has one of the highest suicide rates in…
Real estate prices are definitely down from 2006; maybe not as much percentage-wise as California, but the equivalent house here still costs much less than one in Boston, NYC, or The Valley.
The rain can get you down sometimes but summers are fantastic (and dry). I feel I have a high quality of life here without having to sit in a car for 12% or more of my waking hours. Not that I don't get annoyed by something or another here from time to time. Every city has its own benefits & burdens.