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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, August 20, 2015
BY JOE CORTRIGHT
We get the education we deserve.
Wednesday, September 09, 2015
BY CHRIS NOBLE | ART DIRECTOR
Wednesday, August 19, 2015
BY GINA BINOLE
Screening for “culture fit” has become an essential part of the hiring process. But do like-minded employees actually build strong companies — or merely breed consensus culture?
Monday, September 28, 2015
BY GARY FISH
Over the years, many mentors have taught me lessons that have helped shape the way I view the world of work and our business.
Friday, August 14, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
17 airlines make stops at Portland International Airport, but not all are created equal when it comes to customer service.
Friday, August 21, 2015
Renee Spears, founder and owner of Portland-based Rose City Mortgage, is hot to trot to sell pot.
Monday, September 28, 2015
BY TIM NEVILLE
A Power Lunch at Zydeco Kitchen and Cocktails in Bend.
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Wage gaps and workforce shortages are threatening the quality of care and supports to Oregonians with intellectual and developmental disabilities. Who’s caring for those who care for our most vulnerable residents?
Engaging employees and customers along the way.
After first visiting as tourists, entrepreneurs relocate to Oregon and spur economic growth.
Over 300 attendees will gather to learn from 50+ regional leaders pushing the sustainability needle forward. GoGreen Portland offers a distinct platform of bringing people together across industries and sectors to build viable networks and cross-pollinate best practices throughout the regional business community.
Are you planning a meeting, party, gala, fundraiser, holiday party, golf tournament, retirement party, team building or birthday? You won’t want to miss this show to get hundreds of great ideas!
Promoting from within its own ranks, PacificSource Health Plans has tapped Tony Kopki to head its commercial lines of business in Oregon, Idaho and Montana. In his new role as Vice President of Commercial Programs, Kopki will provide strategic, product and market leadership for PacificSource’s commercial programs.