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|Articles - November 2011|
|Wednesday, October 19, 2011|
Page 1 of 6
By Ben Jacklet
Two weeks after becoming one of the first companies to receive startup money from the Portland Seed Fund, the 27-year-old co-founders of InvestorInMe sat down with their backers with some difficult news. The regulatory issues involved with their would-be business were proving more burdensome than they had realized. The company they had pitched, partly funded with public money, was dead on arrival.
The fund managers, serial entrepreneur and angel investor Angela Jackson and Intel Capital veteran Jim Huston, did not chastise the young entrepreneurs for failing to research the regulations more thoroughly. They did not kick themselves for lack of due diligence. Rather they applauded the youngsters for recognizing and admitting to the problem early, before wasting too much time. Then they got started on developing a backup idea, a website to connect technology startups with early adopters to test their technologies in return for free access.
The size of the investment for each company backed by the seed fund, $25,000, seems minor. But it can give a major boost to a young team like Nathan Taggart, Jason Collingwood and Chris Chong, who grew up as best friends in West Linn, started a business out of high school and set off on divergent careers with the expectation of reuniting to launch another company. When their InvestorInMe launch fizzled, they had a list of 40 other ideas to choose from. Several 60-plus-hour work weeks later, their new site, LaunchSide, was up and running. Its first offerings promote early access to other websites supported by the seed fund.
Thursday, February 27, 2014
BY ERIC FRUITS
Because they have little chance of working for someone else, today’s teens need to be entrepreneurs. But, first, we must teach our teens that entrepreneurship starts small.
Monday, March 03, 2014
Check out interviews with employees from some of the 100 Best Companies to Work For in Oregon winners and find out what makes their company a great place to work.
Thursday, February 27, 2014
Our 100 Best Companies project turned 21 this year, so pop open the Champagne. Our latest survey gives us plenty to cheer.
Thursday, March 27, 2014
BY JESSICA RIDGWAY | OB WEB EDITOR
Watch this OB Original Video about three Oregon companies and how crowd-funding "kickstarted" their business ideas.
Thursday, April 17, 2014
BY JASON NORRIS | OB BLOGGER
The “polar vortex” of 2014 seems to have finally thawed and we believe this change in weather will bring more sunshine to the U.S. economy as well.
Tuesday, February 25, 2014
BY JOE ROJAS-BURKE | OB BLOGGER
The medical research enterprise wastes tens of billions of dollars a year on irrelevant studies. It’s time to fix it.
Tuesday, March 11, 2014
BY MARK BLAINE | OB BLOGGER
The publisher of the Emerald Media Group moves on, leaving a cutting edge media group that depends on business acumen for its survival.
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