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Is that the event put on by the Oregon Entrepreneurship Network? I have been very skeptical about all their events (really, to do anything I need to shell out
by cullenking 16y ago
Is that the event put on by the Oregon Entrepreneurship Network? I have been very skeptical about all their events (really, to do anything I need to shell out HOW much? To go to a pub and drink a beer even?). I wouldn't say the idea is doomed. Even if it isn't successful, at least it's something in the right direction.
- garrettgillas 16y agoThe OEN is one thing but the Portland tech scene shouldn't be characterized by such an organization with what might be called "outdated" policies. My feelings are that Portland has talent and what it needs is seed funding and mentoring. Something like an incubator... I believe that this imbalance is the "problem" with Portland.
- erik_landerholm 16y agoYou are right to be skeptical. The reason why i say it is doomed is (i'm not sure it's this plan so i could be jumping the gun) because one of the plans that is being implemented we were interviewed by one of 'LPs' and the info about how the 'funding' works was very sketchy. It pretty much boiled down to pick 4-6 companies and give them loans that can be called back at roughly anytime and are personally guaranteed. When we (my partner and I) looking for money in portland and working on our start-up at the same time even giving BrainTree a few thousand bucks as guarantee was out of the question. The idea that any young, early start-up wants loans with personal guarantees makes no sense. If anything just get 5-6 credit cards and max them out to finance it. It's easier.