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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.”
Friday, February 20, 2015
BY JOE CORTRIGHT | OB CONTRIBUTOR
"Shipping containers to Portland is like waiting for a bus that travels once a day."
Friday, February 20, 2015
BY LINDA BAKER | OB EDITOR
Vacasa may lack the name recognition of Airbnb. But not for long.
Thursday, March 19, 2015
BY DAN COOK | Photos by Jason E. Kaplan
An alliance of developers, academics and timber industry executives wants to position Oregon as a front runner in the glamorous new world of wooden skyscrapers.
Friday, March 27, 2015
BY ROBERT MULLIN
A new energy-sharing agreement sparks concerns about independence and collaboration in the region's utility industry.
Tuesday, February 17, 2015
BY TAMSEN LEACHMAN | OB GUEST CONTRIBUTOR
It is important to understand the EEOC’s priorities, and ensure that your leadership understands the shifting expectations of regulators and the heightened standards to which you (and they) may be held.
Wednesday, February 18, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
NBA commissioner: "I would love to end up having an All-Star Game in Portland. It's really just a function of ensuring that we can fit in town."
Friday, February 20, 2015
BY AMY MILSHTEIN | OB CONTRIBUTOR
Don’t just sit there. For a healthy workplace, move up and down — and all around.
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A new report highlights how Oregon bankers are giving back to their communities.
Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.
The Atkinson Graduate School of Management at Willamette University has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business.
Like the advent of the locomotive, the cloud creates business opportunities that simply weren’t possible before now. Get up to speed fast in May at an exciting cloud-empowered Portland event.
Registration is now open for Portland Business Alliance’s Annual Meeting, one of the largest business gatherings in Portland each year.