Early stage investing has definitely changed. Huge seed rounds. Challenging pre-seed rounds. Organized angel groups that behave more like institutional investors. It can be confusing for the uninitiated. That’s why it’s always good to hear from folks who are in the thick of it. Like Shane Johnson, an early stage investor from Eugene, Oregon.
While Oregon still has a ways to go in terms of building a self sustaining startup ecosystem, any number of folks have been doing an impressive job of building up our early stage funding resources throughout the state. And one of those groups of early stage investors, Cascade Angels, is looking for some more companies in which to invest.
The thing I love most about ecosystems is that as things change—and gaps are introduced—the community works to fill those gaps and take advantage of those opportunities. So when former Angels and Seed Funds begin to mature and move downstream with their check sizes and portfolio companies, it opens up opportunities for new funds. Like Coast to Crest Fund. And now, the Willamette Angels W2 Fund.
One of the most important issues with every company wrestles is finding the capital they need to remain competitive. But it’s especially an issue for startups.
And there’s no better way to get some of that critical capital—after you’ve exhausted your friends and family funding—than getting involved with Angels who both understand the startup environment and provide that much needed bump.
But where do you meet those folks? There’s no better place than Angel Oregon. Even better? Angel Oregon has been focusing on improving its competition for seed stage companies. And if you’re interested in seeing how, you better get a move on. Applications for Angel Oregon 2010 are due today. Read More
When it comes to Oregon companies competing for Angel funding, I’m always going to pull for the Web-based apps. It’s just kind of how I am. And those folks are definitely starting to turn heads, whether it’s at speed pitching events like the Big Idea Bash or through competitions like Angel Oregon.