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Category: Funding

For a short session, this bill has come a long way. Consider supporting Oregon House Bill 4033 and entrepreneurs.

Rick Turoczy on February 20, 2020

For those of you just tuning in, it’s a short session in the Oregon legislature, this year. Without getting into the particulars, suffice it to say that it’s traditionally very difficult to move legislation during these sessions because of the limited amount of time. So leave it to entrepreneurs to say “Really? We like those odds.” Which is what’s happening with Oregon House Bill 4033.

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In my best Sally Struthers voice: Are you a founder who has had difficulty accessing capital in Oregon? Sure. We all have.

Rick Turoczy on February 7, 2020

If you’ve been paying attention to politics, congratulations. There’s a lot to be tracking at the moment. A lot. Which is why I wanted to take the opportunity to remind folks that — even if you’ve been keeping tabs on what’s happening — you may have missed that the Oregon startup community has a time sensitive request for you.

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Doing things differently: Portland startup Brave Care balances tradition and innovation… on a variety of fronts

Rick Turoczy on September 13, 2019

It’s no secret that I’m a fan of Darius Monsef. And a lot of that is because I’ve been lucky to watch his efforts and growth over a dozen years or so. And with him now on the third Portland startup that he’s cofounded, I continue to be impressed with the maturity and perspective his significant startup experience — both within Portland and beyond — has wrought.

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Fundraising is hard enough. Let’s encourage the State of Oregon not to make it harder. Before noon on June 6, 2019.

Rick Turoczy on June 5, 2019

Fundraising is hard. I think that’s something on which all of us can agree. Constructing grammatically correct sentences even if they seem awkward? No. Oxford commas? Probably not. But agreeing that fundraising is a grind? Yes. Definitely. And it doesn’t matter if you’re a company looking for a loan, a startup chasing venture capital, a VC chasing LPs… even an employee looking to get their budget approved. It’s all difficult.

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A unicorn appears in the distance thanks in part to a seed investment by Portland Seed Fund

Rick Turoczy on May 20, 2019

While the term unicorn has lost a bit of its luster as of late, it’s still an impressive milestone for any company to achieve a $1 billion valuation, but especially for a northwest company to do so. That’s why it was interesting to see Portland Seed Fund portfolio company Auth0 announce its Series E raise, which officially gives it the unicorn moniker.

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Unpacking Jama Software’s $200 million round

Rick Turoczy on June 26, 2018

Yes. $200 million. For a Portland startup. It’s really really easy to blanche at that number. I get it. It’s a big number. Especially for a homegrown Portland company in the software world. And were this earlier in the life of Silicon Florist, I could have easily focused on the number, cheered for a company raising that much, and moved along my merry little way.

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Helping accelerate rural innovation: Business Oregon names latest ROI recipients

Rick Turoczy on April 9, 2018

If I’ve said it once, I’ve said it a thousand times: Innovation can occur anywhere. It’s not just something that happens in an urban context. Or in major metropolitan areas. It happens all over. Throughout the state of Oregon. And that’s why Business Oregon has its Rural Opportunity Initiative (ROI) to help spark and support that activity.

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Getting the band back together: Rigado reunites a Portland startup rarity… serial entrepreneurs

Rick Turoczy on June 1, 2017

Ever since I promised Bill Lynch that I would stop publishing pure “we got funded” sorts of stories, I’ve had a challenge. You see, people tend to drop press releases when they raise money. So it’s a good time to cover them. But if I chose to act on those releases, my posts couldn’t just be about the funding, I promised Bill. There had to be another angle.

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Teacher says, every time a bell rings… Willamette Angels stand up the W2 fund

Rick Turoczy on May 19, 2017

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.

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