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Trade picks up as consumers resume spending
High Five
Monday, April 26, 2010

Consumers are beginning to spend again in Portland and across the country, and global trade is recovering.

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On The Scene: SplashCast's rise and fall
On the Scene
Tuesday, April 20, 2010

SplashCast was supposed to be the next big thing to come out of the Portland digital-media scene. Founded in 2007 and supported by over 70 individual investors, SplashCast eventually raised over $4 million in funding and went on to partner with giants like Hulu and Nike. But just a couple of years after launching, the plucky Portland startup was shut down.

What exactly went wrong with SplashCast? Tom Turnbull, the company’s vice president of business development, talked frankly about the rise and fall of SplashCast at the Oregon Entrepreneurs Network’s monthly PubTalk last week. Along with investors Angela Jackson and B. Scott Taylor, Turnbull spoke to a packed house of mingling entrepreneurs at Backspace in Portland’s Old Town, all three of them in remarkably good spirits considering their discussion of SplashCast’s failure. But the premise of the talk was the valuable lessons they learned from the company’s demise, which they shared earnestly.

Originally focused on providing tools to embed video, music and other content into online broadcast channels, SplashCast essentially went through three phases since its launch. It began with a user-generated content product aimed at bloggers and other small online publishers, which never quite took off in terms of both audience and revenue. The second stage was building branded applications within Facebook for companies like Nike and Red Bull, a model that proved to be better suited for a campaign-driven agency business, rather than a service-oriented technology business like SplashCast. The last stage was a promising partnership with Hulu to distribute their TV shows through social media (“social TV”) and build an audience around the content. But SplashCast still needed to raise money, a predicament worsened by the effects of the financial meltdown. The company ultimately was “unable to secure the necessary funding to continue operations,” chief executive Mike Berkeley said in a blog post, and SplashCast announced its closure in August 2009.

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Gerding Edlen investors lose millions
High Five
Monday, April 19, 2010

The collapse of the condo market has been devastating for Gerding Edlen, but the company is planning a green turnaround.

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End near for recall campaign
High Five
Monday, April 19, 2010

With a signature-gathering deadline nearing, it's unclear whether the effort to recall Sam Adams has enough support.

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Possible figure skating payoff keeps PDX on its toes
May 2010
Friday, April 16, 2010

iStock_000004563761The City of Roses will play host this November to international figure skating competition Skate America in hopes of getting a shot at getting the National Championships back after five years.

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