Portland Oregon startups, tech, news, events, jobs, and community
Portland startup and tech news, jobs, and events #pdx
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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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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But before you can pitch to investors, you have to get them to take the meeting — which means emailing your pitch deck to potential investors, and hoping it’s enough to get them interested.
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“Design systems play a central role in democratizing the way we create and contribute to the apps and websites that make up digital ecosystems,“ said Chris Strahl, co-founder and CEO, in a written statement. “Knapsack provides the infrastructure organizations need to realize both efficiency and quality gains made possible by building with reusable user interface patterns.”
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A lot has to do with Hoang-To, who strikes a much different pose than the stereotypical venture capitalist. An immigrant entrepreneur who was born in a refugee camp before her Vietnamese parents settled in Silicon Valley, Hoang-To describes herself as a “super scrappy” founder.
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To find out what could be the “standard” compensation for founders, Seedcamp, the European seed-stage VC, collected data of the salaries of 185 founders from pre-seed to Series A companies. The respondents interviewed are based in the UK, Europe and North America.
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If you’re a budding entrepreneur, this article might be helpful to you in terms of what to avoid in your own company. If you’re simply a marketer, read on anyway — some points could be applied to your current company as well.
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For the first time since 2019, Black entrepreneurs in Portland pitched their businesses to hundreds of possible investors and customers, and competed for $100,000 in cash prizes.
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In 2017, I started compiling a list of Black and Latino founders who had raised $1 million of VC funding as there wasn’t any aggregated list online. I simply wanted to know who the top diverse founders were as they were the founders I, as a venture investor, wanted to serve. So I started pooling data from all over the internet.
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Whether or not you have a formal or more casual mentor in your life, the benefits of a trusted confidant reach far beyond increased engagement and sense of belonging (which, is convincing on its own—we know!). According to our 2021 State of the Octoverse Report, when a commitment to mentorship is combined with friendly and timely code reviews, teams see a 46% boost in productivity in open source projects and 16% in companies.
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