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|Articles - June 2012|
|Tuesday, May 29, 2012|
Page 3 of 4
7. THE POWER OF SHARING
Sharing is on the rise in Oregon. In Portland alone there are organizations that facilitate tool sharing, food sharing, toy sharing, and clothes sharing. But apart from car-sharing companies, few entrepreneurs have figured out how to monetize a model that relies on people not spending money or not buying things. Bright Neighbor, a Portland-based “social network for the transaction of barter,” launching in July, aims to change all that. Oregon Business chats with CEO Arnold Strong and founder Randy White.
White: We will be the first mobile peer-to-peer lending app out there. You launch, take a video of that bike in your garage, and suddenly you have a mobile device that makes it easier to inventory things to rent, lend, sell or barter.
OB: How will you monetize the service?
White: Three ways. For those transactions that are rental based, we will take 15%. Another line is a partnership with insurance companies. If you break my John Deere lawnmower, you want it insured. The third item is a transaction on deposit. If someone is going to engage in a sharing behavior, they want to make sure that person is not going to take off with it.
OB: What market niche does Bright Neighbor fill?
Strong: the ability to borrow, lend or trade instead of spending capital is really the market we feel is ready to be unleashed. All of these are ways to unlock value from people’s garages, kitchen shelves, to make sure you’re maximizing value out of everything rather than having it sit in the shed.
8. FOLLOW THE WATER
International aid organizations typically measure the impact of their clean water or sanitation programs via surveys, which are expensive to execute and often produce inaccurate results. Portland State University engineering professor Evan Thomas, in partnership with Stevens Water Monitoring Systems, has developed a sensor platform (SWEETSense) that will deliver real-time data about the use of water purification filters, high-efficiency cook stoves, and other products used in global development initiatives.
Since the platform is compact and inexpensive, it can be installed on a large scale, says Thomas, who will deploy the sensors this fall in Rwanda as part of a project distributing water filters to more than 600,000 households. The sensors will measure
Lack of access to clean water is one of the major causes of death and disease in Rwanda, says Thomas. “We think this [technology] will lead to significant health improvements.”
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.
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 13, 2014
BY TOM COX | OB BLOGGER
When I say, “Your Employee is Always Right,” I do not mean “right about the facts,” but rather “right about how they feel” and “right about how they want to be led.”
Thursday, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
Thursday, June 26, 2014
Wednesday, July 09, 2014
BY 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.
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.
Vanessa Sturgeon and Miller Nash LLP were selected as leaders in encouraging female advancement.