Sponsored by Forest Grove Economic Development
Home Archives February 2009 Tea founder brews more startups

Tea founder brews more startups

| Print |  Email
Sunday, February 01, 2009
She’s no longer CEO of Oregon Chai, the company she founded in 1994 in her mother’s kitchen that grew to more than $35 million in sales and sold for $75 million in 2004.

Heather Howitt’s got a much less official-sounding title these days: VP of trail running for Portland venture capital firm The Meriwether Group.

“Though it should be president,” she says, digging at her husband, David, who founded the firm and bestowed the title on her.

The 40-year-old mother of two definitely likes her runs through Forest Park, but she’s been up to more than that since selling her renowned tea company to the Kerry Group almost five years ago. She’s been a partner at The Meriwether Group since its founding, and about four years ago she became intrigued by a small Canadian startup now called Living Harvest Conscious Nutrition, which promotes the nutritional benefits of hemp seed.

With her background in natural foods and aseptic packaging — the sort of “drink box” packaging that helped boost Oregon Chai — Howitt saw huge opportunities for hemp milk.

“I became so impressed and excited,” she says. “It was just like Oregon Chai.”

In addition to an investment from The Meriwether Group, Howitt put some of her own money into the company, which then moved to Portland. Last June, Living Harvest raised a couple million dollars from a group of Hollywood investors, including Cindy Crawford and Ed Norton, hired a CEO and kicked into high gear. Last year’s sales were projected to be $6 million.

“We’re jamming,” says Howitt, who holds a seat on what she calls the company’s “very hyperactive” board.

She also says she can see Living Harvest becoming an even bigger company than Oregon Chai.

Howitt says she’s wiser these days when it comes to business, but she still thrives off the buzz of small startups, just as she did when she brewed her Oregon Chai as a 20-something in search of a drink she’d stumbled on during a Himalayan trek.

“I just love that startup passion, the energy and that enthusiasm,” she says. “I’m still that entrepreneurial freak, and now I get to be totally involved but I don’t have to do the 60-hour weeks.”

She’d like to be with Living Harvest throughout its growth, but she also knows that other opportunities in the natural food realm may come calling in the future.

“I can’t see myself not being involved in the natural food business,” she says. “Although I could run eight hours a day.”                         

JON BELL



Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it
 

More Articles

Who said we should sell in May?

Contributed Blogs
Friday, July 18, 2014
BullMarketBY JASON NORRIS | OB GUEST CONTRIBUTOR

Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”


Read more...

Risks & rewards of owning triple net investments

Contributed Blogs
Thursday, July 24, 2014
NNNinvestmentBY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR

With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.


Read more...

The Scott Kveton affair

News
Wednesday, July 09, 2014
ScottKvetonBY LINDA BAKER | OB EDITOR

Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.


Read more...

OB Video: Dress for Success

News
Wednesday, July 02, 2014
DFSOBY JESSICA RIDGWAY | OB WEB EDITOR

Dress for Success Oregon promotes the economic independence of disadvantaged women by providing professional attire, a network of support and career development tools.


Read more...

Interview: Dr. Mark Goulston

Contributed Blogs
Thursday, July 10, 2014
JustListenBY TOM COX | OB BLOGGER

Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.


Read more...

South Waterfront's revenge

News
Thursday, July 24, 2014
MoodyAveBY LINDA BAKER | OB EDITOR

Remember the naysayers?  Those who called the South Waterfront aerial tram a boondoggle?  Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?


Read more...

Updated: Disrupting innovation

News
Tuesday, July 08, 2014
070814 thumb disputive-innovationBY LINDA BAKER  | OB EDITOR

The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation  — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment. 

Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS