I still smile every time I see a startup covered by local media. So you can only imagine my downright giddiness when I woke up to a New York Times article on Zebras Unite, a growing international startup movement cofounded by Portland entrepreneurs Astrid Scholz and Mara Zepeda.
If you’re a startup type, you owe yourself a trip to Bend. Ton of activity. Great entrepreneurs. And a growing investment community. All within the confines of a smaller and much more tightly knit community. And honestly, there’s no better time to experience all Bend has to offer the startup world than Bend Venture Conference. 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.
ShopIgniter is kind of one of those quiet startups around Portland. There isn’t a great deal of hubbub around them. Not a great deal of hype. Last year they quietly landed $3 million. Today, ShopIgniter quietly announced that they had landed another $8 million in Series B. Read More
Vying for cash is always a competition. But sometimes it’s actually a competition. I mean, like an event. Like the Bend Venture Conference. And like the annual Oregon Entrepreneur Network (OEN) Venture Northwest event.
Today, Venture Northwest revealed the speakers for this year. And of the 10 companies chosen to present, six fall into the realm of stuff Silicon Florist would usually cover. And I want one of them to win. So I’m only telling you about those six. Read More
It’s always a good day when a Portland-area startup gets funding. And by that reasoning, today was a very good day. Portland-based JanRain—a company that started as an OpenID play and has since morphed into the way to simplify distributed Web logins across the board—announced that they had closed Series A financing to the tune $3.25 million. The round was led by DFJ Frontier. Especially considering this round has been rumored to be in the works since this summer.
So how did the market react? Well, there was quite a bit of coverage, so let’s take a look. 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.