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Month: March 2022

How did the pandemic impact your startup? RAIN surveys Oregon startup community

Rick Turoczy on March 16, 2022

Two years. It’s been rough. But many founders and startups have still managed to survive amidst the hardship. Not that any of it has been easy. But if you’re willing to share some details on how your resilience as a founder helped keep your business alive — or what factors led to your shutting your startup down — with RAIN, they’re compiling a report to better understand the current state of startups in Oregon.

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Silicon Florist links arrangement for March 11, 2022 💐

Rick Turoczy on March 11, 2022

Venture Capital is Dead

Venture capital is dead. There, I said it. In the last 12 months, over $5 billion in venture investments have been lost globally due to a lack of return on investment from these funds. This was not an isolated incident either — there have been many more casualties across the globe as global markets continue to plummet with no end in sight. So what will replace VC?

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REMINDER: Startup applications for mentorship and support from the PIE startup accelerator close March 14

Rick Turoczy on March 10, 2022

I know you’re busy. Building a company from scratch isn’t easy. And with so many things to do, it’s easy to lose track of stuff that’s not on the critical path for you. Which is why I’m taking the opportunity to remind you that applications for PIE, an early stage startup accelerator for product-based companies that has been working to support founders for more than 12 years, are due by March 14, 2022, at 11:59PM Pacific Time.

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Silicon Florist links arrangement for March 9, 2022 💐

Rick Turoczy on March 9, 2022

Customer.io raised our Series A

Startups often raise a lot of capital early. Large fundraising rounds shorten the time you have to thoughtfully build your business. In 2017, I talked about our approach, fundstrapping which still represents how we’re building the business today.

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Living in Flux: A virtual fireside chat with Portland’s April Rinne

Rick Turoczy on March 9, 2022

Like it or not, we live in a time of constant change. The past couple of years, perhaps more so than other times in our lives, have brought that fact into sharp relief. But surviving this state of being is very different from thriving in this mode of existence. Which is why I’ve really appreciated the work of Portland’s April Rinne, who has captured some of her thinking in Flux: 8 superpowers for thriving in constant change.

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Silicon Florist links arrangement for March 8, 2022 💐

Rick Turoczy on March 8, 2022

Washington state Department of Commerce funds 4 new ‘innovation clusters’

Washington state’s Department of Commerce has awarded four $500,000 grants to public-private organizations building new “innovation” clusters in the state. The funding for the “Innovation Cluster Accelerator” program is provided through $15 million from the U.S. Department of Commerce, as part of the giant CARES economic stimulus act in 2020. The new awards build on funding for five other organizations announced in January and support a variety of industries.

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