business news in context, analysis with attitude

With brief, occasional, italicized and sometimes gratuitous commentary…

•  OregonLive reports that coffee chain Dutch Bros. "hopes to raise up to $484 million in its initial public offering … which would make it the largest IPO in Oregon history — and the first to raise more than $100 million in 14 years."

According to the story, "The IPO would also mint a new Oregon billionaire, with Dutch Bros chairman and co-founder Travis Boersma holding a stake worth as much as $1.43 billion, according to details disclosed for the first time in Tuesday’s filing.

"Additionally, Boersma would control nearly three-quarters of all the voting shares in the company through a multi-tiered stock structure. Dutch Bros said Tuesday that its charter will contain provisions that will make it difficult for an outside investor to mount a hostile takeover of the business."