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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.
Tuesday, February 25, 2014
BY LINDA BAKER
A blueberry bush is a blueberry bush — except when it’s a blueberry tree.
Thursday, April 24, 2014
Click here to fill out our survey on energy and environment issues. Results will be published in our June 2014 issue.
Monday, March 03, 2014
Check out interviews with employees from some of the 100 Best Companies to Work For in Oregon winners and find out what makes their company a great place to work.
Tuesday, February 25, 2014
Health care and vacations rule. That’s the consensus from our reader poll on workplace benefits that help retain and recruit employees.
Thursday, February 27, 2014
Our 100 Best Companies project turned 21 this year, so pop open the Champagne. Our latest survey gives us plenty to cheer.
Tuesday, April 01, 2014
BY APRIL STREETER | OB CONTRIBUTOR
Three years ago, PPS set out to begin to convert the 1930s-era boilers from diesel/bunker fuel to cleaner-burning natural gas. Oregon’s largest school district has realized impressive carbon dioxide emissions reductions, setting an example for public and private institutions.
Thursday, April 17, 2014
BY JASON NORRIS | OB BLOGGER
The “polar vortex” of 2014 seems to have finally thawed and we believe this change in weather will bring more sunshine to the U.S. economy as well.
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Marketing the state brings new business, new jobs and a better quality of life for everyone.
Living in the beautiful Pacific Northwest means enjoying our wonderful surroundings, while remaining aware of the multiple types of natural disaster threats that we face: winter storms, windstorms, floods, landslides, earthquakes, volcanoes and tsunamis.“
Oregon State University's hospitality degree program invests in next-generation leaders.
On Saturday, April 26, more than 1,900 local Comcast employees and their families, friends and community partners will “make change happen” as they volunteer to improve schools and nonprofits in Oregon and Southwest Washington as part of Comcast’s 13th Comcast Cares Day.
NAI Norris, Beggs & Simpson just completed their newly rebranded First Quarter Market Reports. Not only does it feature a brand new format, but the report ensures accuracy due to the annual truing up of their database.
Samuel Hernandez, an Associate at Barran Liebman, is the recipient of a 2014 Oregon State Bar Litigation Section Rising Litigator Award.