…fighting entropy one financing round at a time
From the VC grapevine comes word of a new innovation in startup funding in Portland (and elsewhere), Oregon: the unemployment department
From http://www.oregon.gov/EMPLOY/UI/ui_special_programs.shtml#Self_Employment_Assistance__SEA_
The Oregon Self Employment Assistance (SEA) Program helps eligible unemployed workers set up a business on a full time basis and still receive full unemployment benefits. …
To qualify for the SEA program, you must:
…
have [...]
I sign up for (let’s call it) 5-10 new web sites a week. It’s an occupational hazard.
(In fact, there’s an even weirder effect where sometimes there are web sites I know only from Webex demos or slide decks, and not from visiting the site itself. But I digress.)
As a startup, you SHOULD be [...]
In early October 2008 I was asked by a local entrepreneurial booster group for a quote giving VCs’ take on the state of the financial world. Here’s what I wrote (but was too busy/lazy to blog) at the time:
REAL VCs have committed funds from stable, liquid, institutions who are not going away (state governments, [...]