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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.
Tuesday, August 26, 2014
BY DEBRA RINGOLD | OP-ED CONTRIBUTOR
Why has six years become an acceptable investment in public undergraduate education that over-promises and underperforms?
Tuesday, August 19, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Steve Balzac, author of "Organizational Psychology for Managers."
Wednesday, August 27, 2014
BY KLINT FINLEY
Treehouse CEO Ryan Carson builds a 21st-century trade school.
Monday, August 18, 2014
Portland is in the middle of another construction boom, with residential and office projects springing up downtown, in the Pearl and Old Town. OB Web Editor Jessica Ridgway documents the new wave.
Wednesday, August 27, 2014
Tom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.
Wednesday, August 20, 2014
By Kim Moore | OB Editor
The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.
Thursday, July 24, 2014
BY 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.
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|Scotland vote on independence begins|
|Artificial sweeteners may lead to diabetes|
|General Mills expects to save $100M|
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|United Airlines offers $100K buyouts to flight attendants|
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