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|Articles - May 2013|
|Monday, April 29, 2013|
BY LINDA BAKER
Does the world really need another social network? If it’s a network that focuses on the social good, doesn’t bombard users with ads, and allows people to start and host their own networks, the answer is a resounding “yes,” says Russell Okamoto, CEO of Portland startup Celly. Founded in 2011, the company lets organizations, groups and individuals create “cells”: free, text messaging-based mobile social networks for group communication. So far government agencies, schools and nonprofits have taken advantage of the service. Teachers use Celly for student assessment, while groups such as Doctors Without Borders are interested in tapping the mobile network to collect health information from rural populations. In lieu of onsite advertising — “We don’t believe people want to be spammed,” Okamoto says — Celly aims to monetize by selling enterprise subscriptions. How will the company succeed in an industry fraught with competition? The days of centralized social networking sites such as Twitter and Facebook are numbered, Okamoto responds. “That’s all going to go away, and there will be a new reality where people want to own data, host it on their own machines and selectively talk to each other,” he says. Not that there aren’t challenges ahead. “We’re up against some of the richest, most powerful companies in the world,” Okamoto acknowledges. “You could say we’re foolish or we have a winning strategy.”
PRODUCT: Social media platform
CEO: Russell Okamoto
GRAND AMBITIONS: “I’m a 46-year-old with a daughter who is a high school student. I’m not a 20-something trying to build frivolous Snapchat-like things. Social enterprise is woven into the DNA of our business plan. We wanted to build something game changing.”
MONEY TRAIL: Secured $1.4 million investment led by Oregon Angel Fund in February. Five employees, including co-founder Greg Passmore. “We don’t have that many paying customers yet, but we have a lot of fans.”
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, July 31, 2014
BY MARY SPILDE | OB GUEST CONTRIBUTOR
Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.
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.
Thursday, June 05, 2014
BY HANNAH WALLACE | OB BLOGGER
What does it take to launch and run one of these mobile food businesses?
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
Thursday, June 12, 2014
BY ANDREA DURBIN | OB GUEST BLOGGER
Last week, the Obama administration took an important and welcomed step in the effort to protect the health and well-being of all Oregonians by limiting carbon pollution from existing power plants.
Tuesday, June 03, 2014
Citing the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.
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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.
Lane Powell Shareholder Susan K. Eggum has been elected as vice chair of programs and projects for the International Association of Defense Counsel’s (IADC’s) Employment Law Committee.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.