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	<title>PIE PDX &#187; bacon</title>
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	<description>A Portland Incubator Experiment</description>
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		<title>Founding PIE project Bac&#039;n acquired by Bacon Freak</title>
		<link>http://piepdx.com/2010/01/founding-pie-project-bacn-acquired-by-bacon-freak/</link>
		<comments>http://piepdx.com/2010/01/founding-pie-project-bacn-acquired-by-bacon-freak/#comments</comments>
		<pubDate>Wed, 06 Jan 2010 23:12:24 +0000</pubDate>
		<dc:creator>Rick Turoczy</dc:creator>
				<category><![CDATA[Acquisitions]]></category>
		<category><![CDATA[acquired]]></category>
		<category><![CDATA[bacn]]></category>
		<category><![CDATA[bacon]]></category>
		<category><![CDATA[PIE]]></category>

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		<description><![CDATA[Among those founding startups was a little company that "sold bacon on the Internet." It was called, appropriately enough, Bac'n. And it was the quintessential archetype for what PIE were trying to do with the incubator: it was a passion project, built with off the shelf tools, that had an immediate revenue stream. And it was pretty and functional to boot.]]></description>
			<content:encoded><![CDATA[<p>When <a title="Wieden + Kennedy" href="http://wk.com">Wieden + Kennedy</a> approached us to start the <a title="Portland Incubator Experiment" href="http://twitter.com/piepdx">Portland Incubator Experiment</a>, we were careful seeded it with a few local startups. Folks who were doing interesting things who seemed like they might work well together.</p>
<p>One of our goals? Build small nimble companies quickly. Get them to generate revenue quickly. And then figure out what to do from there.</p>
<p>Among those founding startups was a little company that &#8220;sold bacon on the Internet.&#8221; It was called, appropriately enough, <a title="Bac'n" href="http://bacn.com">Bac&#8217;n</a>. And it was the quintessential archetype for what PIE were trying to do with the incubator: it was a passion project, built with off the shelf tools, that had an immediate revenue stream. And it was pretty and functional to boot.</p>
<p>So pretty and functional, in fact, that less than a year after its founding, <a title="Bac'n acquired by Bacon Freak" href="http://blog.bacn.com/2010/01/bacn-acquired-by-baconfreak-com/">Bac&#8217;n has been acquired by Bacon Freak</a>.</p>
<blockquote><p>We’re excited to announce that we have just finalized the acquisition of Bac’n by the good folks over at BaconFreak.com. Rocco and his great team at BaconFreak.com will continue to run the site as-is and existing customers will see the same great service you’ve come to expect from Bac’n.</p></blockquote>
<p>Congratulations to <a title="Scott Kveton" href="http://twitter.com/kveton">Scott Kveton</a>, <a title="Jason Glaspey" href="http://twitter.com/jasonglaspey">Jason Glaspey</a>, and <a title="Michael T Richardson" href="http://twitter.com/mtrichardson">Michael T Richardson</a> on the liquidity event. We&#8217;re excited to see where their current PIE projects&#8212;<a title="Urban Airship" href="http://urbanairship.com">Urban Airship</a> for Kveton and Richardson and <a title="Paleo Plan" href="http://www.paleoplan.com/">Paleo Plan</a> for Glaspey&#8212;take them next.</p>
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