====== Feed the startups: Getting capital for Portland companies ======


The big VC cities:
   * San Francisco/Silicon Valley
   * Boston
   * Denver

The problems in Portland:
   * Not many success stories
   * Few VC-funded businesses, few VCs
   * Culture of free
   * Side businesses

What we need is $250k in funding, not $2-5 million.

Angel rounds:
   * Getting smaller (dollar-wise) in Portland
   * Less convertible debt, more traditional (valuation-based) investments
   * Angel timeline: 60 days - 6 months, lots of due diligence
   * [[http://www.oregonstartups.com/angel_groups.html|Angels in Portland/NW]]

State Investments:
   * Oregon Investment Fund
   * Oregon Growth Account

Human capital in Portland:
   * Young, over-educated, unemployed

Ways of getting investment:
   * Convertible notes
   * Traditional 
   * Royalty note

Things you can do (especially side project to startup):
   * Get business help! Portland Ten, OTBC's TechVenture, find out whether your idea is viable
   * Go pitch your side project, or listen to others pitch