One of the most interesting things about running Kickstarter campaigns, in my opinion, is the validation—or lack thereof—of an idea. Obviously, the funding is helpful. But the realization that other folks believe in what you’re doing and believe that you should keep doing it? That’s the real magic. And now, a new Portland indie video game, has gotten both the validation and the funding it needs. Meet XO. Read More
It’s a well known fact that, far and away, the vast majority of jobs in the United States are created by small business. Oregon is no different. And an important part of the ecosystem that makes that growth possible—at least in the world of tech startups—is early stage angels and seed capital. Well, maybe not this year or next year or the next. Because there will be less of that early stage capital to go around, thanks to the Oregon legislature cutting $2 million from its budget. Read More
I don’t exactly remember where I happened upon Bryce Roberts’ post. But it definitely struck a chord. Any number of folks are discussing how venture capital is broken. But it seemed that few solutions were being offered. Indie.vc is a proposed solution that—at first blush—appears to resonate with some of the same thinking I’ve heard from founders in Portland. Read More
As Oregon startups continue to search for ways to secure capital, the State of Oregon is proposing a rule to cover the concept of “equity crowdfunding,” the idea that small chunks of equity can be sold to potential investors outside of traditional fundraising or venture capital methods. The proposed rule caps the amount of capital raised with this sort of process at $250,000 and caps individual investments at $2500. The State is seeking public comment on the proposed rule. Read More
If you haven’t caught the news, Lytics announced that they have raised a $7 million Series A led by Comcast Ventures, bringing their total funding to over $9 million. And while that’s headline worthy, there are a number of other things about this announcement that pique my interest—probably even more so than the cash. Read More
Over the past few years, the chorus of Portland tech startups bemoaning a lack of access to capital has receded a bit. Because some of the problem that plagued startups of previous generations has been resolved with local funding resources. And a great deal more has been resolved by companies finding capital outside of the state. But what is the availability of capital in Oregon, these days? Is it improving? The Oregon Capital Scan aims to answer that question. Read More
There was a time—a few years back now—when the City of Portland was actively engaged in hackathons. And open data. And engaging with the tech community. That initial momentum has subsided in recent years, but luckily a group of citizens is continuing the charge—with state level data. Meet Hack Oregon. Read More
There have been a number of Portland startups that have pulled in new funding, this year. And it’s nice to see the Portland Business Journal’s Malia Spencer reporting the efforts. OpenSesame, ShopIgniter, and VendScreen all announced funding this January, totaling more than $25 million. Read More
One of the things I’ve always appreciated about the startup scene is that there are any number of paths to success. It’s all about having an objective in mind. And running the race you want to run. And Portland’s Athletepath has been doing just that. Read More
It’s always nice to see Portland companies taking the big stage. And today, CPUsage will be unveiling their new direction—and announcing nearly $1 million in funding—at one of the biggest startup events around, TechCrunch Disrupt. Read More
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