The New Deal – Portland’s Startup Scene
Aug 04 2010
If you are up and about and wandering the streets of Portland contemplating the businesses you watch come and go you may want to peek at the August 2010 Oregon Business Magazines article titled “The New Deal” written by Ben Jacklet. Yes! There are people working behind the scenes of Portland’s start up ventures and they are working hard to secure Portland’s economy in more ways than one.
These guys know small businesses drive the economy and in Portland that is just what we need now, being known as a pretty slow start up scene when compared with fast runners Seattle and San Francisco. They may not seem so glamorous to the naked eye but these small start ups need investors to get them off the ground and angel investors in Portland have not been so quick to spread their wings.
Oregon Business Magazine has just published the article to explain who is out there and what they are doing to get these small businesses and startups funded and on a steady growth pattern. The young business leaders featured here bring with them a wealth of new ideas to “ignite the startup scene”. These are the guys who are investing in Portland’s small startups not only financially but with new ideas and dynamic views on how to succeed.
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August 9th, 2010 at 6:53 am
Great article. I’m certainly in agreement that we need more Angel & VC funding activity and resources in Portland. These are certainly the guys that can make it happen.
That said, I’m also personally interested in how the funding/growing/cashing-out/starting over cycle compares with the growing a long-term sustainable business model (where flipping for cash isn’t the objective). How does that compare in terms of job creation, personal and financial growth. I also noticed there was no mention of Entrepreneur’s Organization (EO), a global collective of 7,500 member non-profit by entrepreneurs for entrepreneurs. The local 75 member chapter has seen tremendous success in terms of job & revenue growth, and mostly without outside funding.
Regardless, I look forward to seeing Portland become a mecca for investors and investments. Keep up the good work.