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Popular startup presentation day shifts to online-only to avoid Coronavirus

FILE PHOTO - Coronavirus fears strike again, this time pushing the Portland Incubator Experiment Demo Day from real to virtual on March 19.

In a bid to avoid spreading Coronavirus, the Portland Incubator Experiment demo day will be virtual-only in 2020.

The live event at Revolution Hall has been canceled. Founder Rick Turoczky explained Tuesday:

"This decision does not come lightly. Year after year, PIE Demo Day has proven to be an impactful event for both the companies we serve and for our organization, itself. And we greatly appreciate the support that the Portland startup community has continued to show for each founder appearing on stage, over the past 10 years.

"Eliminating opportunities for founders goes against the very nature and ethos of why PIE exists. What's more, we recognize the untold hours of preparation already incurred represents a sunk cost that impacts both the founders and the companies that they are building.

"Still, given our current understanding of the virus, we feel it would be irresponsible, at best, to bring hundreds of people together in person, simply for the sake of our demo day. The risk is too great. So while it was a difficult decision, we truly feel that canceling the in-person event is the most reasonable course of action to ensure the safety of our founders, mentors, investors, media, and the community at large.

"We always say that the 'E' in PIE stands for 'experiment. As such, PIE staff, partners, and startups have made the decision to move forward with the event in an experimental format for us — by going fully virtual. And we would love to have you join us on March 19, 2020, at 2:00PM PDT from the comfort of your Web browser to hear the pitches from the founders in the latest classes of PIE and PIE Shop."

To participate in PIE Demo Day 2020, follow @piepdx on Twitter (twitter.com/piepdx)? or subscribe to PIE on YouTube (?youtube.com/c/PortlandIncubatorExperiment).


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