Startups have to juggle a lot. A lot. So picking their battles — or applications as it were — is an important part of deciding how they’re going to spend their time. And in my opinion, if you’re a founder who identifies as a woman, person of color, or LGBTQ, you’d be smart to spend your time applying to the Backstage Capital Accelerator. Because there isn’t a more truly and earnestly inclusive investor and accelerator, local or otherwise.
Over the past few years, the Portland Development Commission (PDC) has taken an increasingly active role in helping early stage startups through the Startup PDX Challenge. But they do more than that. They’ve helped thousands of small and medium sized business secure capital. Still, they realize that there is always room for improvement. 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
Now, we all know the big names who have regional offices here. Well, the big name: Intel, whose campuses in Hillsboro contain the largest group of Intel employees, anywhere. And there’s HP and IBM and Synopsys. But a growing number of startup companies are setting up regional offices here, as well. And it shows no signs of slowing. Read More
There seems to be a constant stream of chatter about how the Portland startup ecosystem compares to the Bay/Seattle. Inherently, a major piece of this conversation is about the ability or inability to raise money locally. This assumes that if there is money to be had locally, it’s the better choice—raise locally, hire locally, and in doing so support the Portland startup scene. Read More
While stories of Portland and Oregon startups landing funding are becoming more and more common these days, there are still any number of local startups who are still looking for ways to break into the realm of venture funding.
As people try to rework and reimagine startup funding and venture capital, there are any number of interesting ideas coming to light. The latest comes not from the Valley but from our neighbor to the north, Seattle.
[Editor’s note: Thanks to Carolynn Duncan, Director, Portland Ten, for her assistance in covering OEN’s Angel Oregon, last week. Her recap and insights follow.]
This year, I was invited to attend OEN’s Angel Oregon, chaired by Angela Jackson, and the Oregon Entrepreneurs’ Network, and to write a guest article highlighting the experience. My hope is that you’ll get a quick download of the day’s events and outcomes, a taste for what the experience of being at OEN’s Angel Oregon is like from a blend of perspectives, a status update on Portland’s startup scene, and finally, that you consider attending and/or participating as an entrepreneur or investor at next year’s event. Read More
One of the most enigmatic components of any startup’s life is “funding.” Do I need capital? Should I pursue capital? How do I approach venture capitalists? Should I avoid venture capitalists? What are the benefits? What are the drawbacks? Necessary evil or rite of passage?
There are a ton of questions.
And unless you’ve been fortunate enough to learn the funding mating dance as part of another company, it’s a completely foreign—and intimidating—proposition.
Well, have heart Web-app-mogul-to-be. CenterNetworks is running a series on venture capitalists that may help inform your understanding of this strange and elusive beast.
The topic? How VCs get their money:
NYC Venture Capitalist Mark Davis is authoring a four-part series on how a VC is funded. Davis notes the four methods are: diverse limited partners, family office, government or public capital. Today, Davis looks at diverse limited partners. The other three methods will follow throughout the week.
I highly recommend you follow the series. Not only will this provide a great vantage point for helping you understand the motivations for the venture capitalist, it may just help demystify the whole venture capital question for you and your startup.