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|Articles - February 2011|
|Thursday, January 27, 2011|
Page 1 of 7
BY BEN JACKLET
In 2005, a group of 23 investors put $5,000 each into a modest pool with the goal of backing some of the most promising young companies in Oregon. Through collective intelligence and collaborative decision-making, they winnowed 50 good companies down to three great ones: Clackamas-based pet supply wholesaler Pet Appeal, Portland-based e-commerce software developer Monsoon and Portland-based health care billing specialist Clinicient.
Six years later, all three of those companies have created jobs for Oregon and wealth for investors. The group that selected these three companies and nurtured them with early money also has grown — into the Oregon Angel Fund, an increasingly powerful catalyst for finding, choosing and backing hot new businesses. Some of the best minds in the business community are involved in the Oregon Angel Fund, and their results speak for themselves. Since establishing the fund in 2007, the group has invested $7.7 million in 16 companies. These portfolio companies have created a combined 443 jobs and collectively earn $59.6 million in annual revenues. Although angel investments tend to be risky bets, not one of the Angel Oregon companies has failed. Other than one business that was sold, every company in the portfolio grew through the economic doldrums of 2009 and 2010. Many have gone on to bring new money into Oregon, with early angel investing spurring another $46 million in follow-on investments from other sources.
Thursday, September 25, 2014
BY JESSICA RIDGWAY
I'm not very interesting,” says a modest Ray Di Carlo, CEO and executive producer of Bent Image Labs, an animation and visual effects studio.
Wednesday, October 08, 2014
BY LINDA BAKER | OB EDITOR
A Design Week panel discussion raises questions about how innovative we really are.
Wednesday, August 27, 2014
Kim Ierian, President of Concorde Career Colleges, and Deborah Edward, Executive Director of Business for Culture & the Arts, share their recent reads.
Thursday, August 28, 2014
OB Research Editor Kim Moore shares some pointers about the 100 Best Companies to Work For survey.
Tuesday, August 26, 2014
Parents and students paying for college today are like homeowners who bought a house just before the housing bubble burst.
Tuesday, August 26, 2014
Strong public schools shore up the economy, survey respondents say. But local schools demonstrate lackluster performance.
Monday, August 25, 2014
BY JASON NORRIS | OB GUEST BLOGGER
Ferguson Wellman’s investment views on the economy and capital markets.
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Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
Get ready for two days of special events produced with the EPA, Portland Timbers and ISOS before and after the GoGreen Conference on October 16.
Finding a health insurance plan that makes both financial sense for the bottom line and provides choice for plan participants is a huge challenge for employers.
The right financing at the right time is critical for small businesses to succeed.
Among Oregon universities, Oregon Tech is special in the way it incorporates applied research into the curricula of every department.
More than 400 "Change Makers" will gather to invest in a socially sustainable community.