Sunday 31 March 2019

Female CEOs proliferate in Oregon tech, though industry remains overwhelmingly male

“I didn’t feel that being a female should hold me back from moving up in my career and so I’ve always approached situations that way.” — Act-On Software CEO Kate Johnson (Photo by Beth Nakamura/The Oregonian)

As Jive Software’s vice president for finance, Kate Johnson would sit for hours on end in meetings with a succession of prospective investors – pitching them on her company and answering the most detailed questions on its operations and outlook.

Whole days would go by in which Johnson would see just one or two other women pass through the Silicon Valley boardroom where Jive was hosting the investors. The men who came in seemed not to see her, either.

“On more than one occasion I would be bypassed, to even shake my hand,” recalls Johnson. Investors assumed she was an administrative assistant, or junior staffer, and would walk right by her to greet her male colleagues.

The behavior disturbed Johnson but it didn’t discourage her. She would extend her hand anyway, make sure they knew who she was, and compel them to treat her as an equal during the ensuing conversation.

“I would just force the issue,” Johnson said. “It’s their ignorance. Not mine.”

Four years later Johnson is now chief executive of one of Portland’s biggest tech companies, a marketing automation firm called Act-On Software. She’s one of several women running some of Oregon’s most prominent and best-funded tech businesses, including Puppet, Portland’s biggest young tech company, and Ampere, an ambitious chip company run by former Intel President RenĂ©e James.

It’s a pronounced reversal after decades when the number of women running big Silicon Forest businesses was rarely much above zero.

“I can’t think of a single one,” said longtime Oregon startup investor Debi Coleman. She’s overstating things a bit – Coleman herself was CEO of Oregon circuit board manufacturer Merix Corp. from 1994 to 1999, having previously served as chief financial officer of Apple.

But if Coleman wasn’t unique, she was close to it. A 1990 history of the Silicon Forest by Portland State historians Gordon Dodds and Craig Wollner mentioned zero female technologists in 193 pages and just nine women overall. (Most of those nine were wives of Oregon executives or politicians.)

Puppet, Portland: CEO Yvonne Wassenaar; automation software for managing data centers and other large computing networks.

Ruby Receptionists, Portland: CEO Jill Nelson; Outsourced receptionist services for small businesses and professional firms.

Outside Oregon, prominent female tech CEOs include Ginni Rometty, IBM’s chief, and Safra Catz, who shares the title of CEO at Oracle with Mark Hurd. Longtime Intel Oregon executive Aicha Evans is now CEO of a prominent Silicon Valley autonomous vehicle startup, Zoox.

Women didn’t get hired as CEOs because boards of directors and venture capital firms were overwhelmingly male, Coleman said, and wouldn’t consider candidates who didn’t conform to a predetermined stereotype.

While women remain underrepresented in technical roles, Oregon has a number of top-notch female executives in human resources, finance and other roles within the state’s tech companies. That may help explain the number of women running the state’s tech companies today.

In the past, though, Coleman said she didn’t see many paths for women to advance. And those that were available weren’t ideal.

“Most of my opportunities came when the guy in front of me failed,” Coleman said. “You’re not the first choice but you’re there when they need you.”

One step forward

The proliferation of female CEOs comes despite an utter lack of progress in efforts to improve the gender balance across Oregon tech. Census data shows fewer than 1 in 3 Oregon tech workers is female. Startlingly, that’s a far smaller share of Oregon’s technology workforce than women occupied 25 years ago.

That may be surprising but it isn’t unusual. Historians have noted that women played key roles in the early days of computing. They were supplanted in recent years by men who had more exposure to computers as children and as emerging gender biases made software in particular a stereotypically male profession.

The history may be similar in Oregon, perhaps augmented by the range of jobs at Tektronix – the state’s largest tech employer for most of the Silicon Forest’s history. Tek was a highly diversified research and manufacturing company, producing everything from oscilloscopes to color printers to office furniture. In its heyday, it had women in a variety of roles.

That said, Tek’s attitudes toward female leadership were by no means progressive. The corporate newspaper, Tek Talk, published an anonymous letter in 1956 noting that women weren’t receiving comparable pay and were being given subordinate positions to men.

“Am I planning a career in the wrong company? I hope not,” the author wrote, according to research published in Marshall Lee’s authorized history of the company. Lee says there was a “very high number of women working at Tektronix at the time,” and though he does not quantify that number he says “more and more women came” in subsequent years.

Tektronix opted not to publish a corporate response to the letter. In the ensuing discussion, one supervisor wrote that he “hates to see talent wasted, even if female,” according to Lee’s research, but “could not recall offhand any woman supervisor in the plant who was outstanding.”

Among the women running Silicon Forest companies today, there is hope that their success in breaking through the glass ceiling may at last promote diversification across Oregon tech.

“Those kind of changes don’t happen from the bottom up. They have to come from the top down,” said Karla Friede, CEO of Beaverton financial technology company Nvoicepay. She sold the business earlier this month to a Georgia company called Fleetcor.

Tech is among Oregon’s biggest industries and may be its most economically vital. And it’s still overwhelmingly run by men.

Silicon Forest employers say they want to diversify but progress has been slow. Women say companies have failed to develop a pipeline for women to advance and haven’t made diversity a genuine priority.

The lack of diversity in the tech industry is by no means unique to Oregon. Big companies like Google, Apple, Intel and others remain dominated by men – and largely by white men.

That means women and other underrepresented groups have been disproportionately excluded from some of the nation’s best-paying jobs. In Oregon, female tech workers earn about 69 cents for each dollar men make.

The issue is especially acute among the executive ranks – and not just in tech.

Among 18 of the largest publicly traded companies in Oregon and Southwest Washington, just two have female CEOs – Portland General Electric and Schnitzer Steel Industries. Among the Fortune 500 nationally, just 25 have female CEOs.

In addition, women working in Oregon’s tech industry lament that many companies have yet to improve their workplaces, long plagued by harassment, stereotyping and sexist behavior.

“It feels like people leave cultures when they feel like they’re not welcome,” said Friede, adding that an unfriendly environment can chase women out before they ever have a chance to advance. “Women vote with their feet.”

Continuing the move forward

Yet Fried said she has seen a genuine interest in a more diverse workforce among technology investors and managers. She said change is happening slowly, accelerating as women move into leadership roles and begin implementing changes – and conveying their own experiences to younger entrepreneurs.

So perhaps it makes sense that women would leapfrog into the executive ranks even before making headway within the engineering and developer roles that make up the bulk of many tech companies’ jobs.

“If you had to pick one thing that I think matters most it’s having diversity at the top levels,” said Yvonne Wassenaar, a veteran technology executive hired in January as CEO of Portland’s biggest young tech company, Puppet.

She said that if prospective employees see a board of directors and executive team dominated by men, women perceive that as a signal advancement would be difficult. And when they see diverse leadership, Wassenaar said they see that as a sign a company is open to diversifying.

“As a female CEO I guarantee you it will be easier to attract female talent,” she said.

During her career, Wassenaar said she’s had many male colleagues and friends who proved excellent coworkers. Even among the supportive ones, though, she said colleagues would sometimes make an off-putting comment – oblivious to how it sounded to her.

“There are a lot of behaviors that people have that they don’t realize are coming across as microaggressions or exclusions,” Wassenaar said. Among those men, though, many were receptive to suggestions on how to do better.

“What makes for an inclusive environment is the ability to listen, and be wrong, and the desire to learn,” she said.

Indeed, Portland State University management professor Meredith Woehler said companies need a broad commitment to diversity if they’re really going to change. One CEO can’t do it alone.

Woehler said academic research shows that a single executive from an underrepresented group, or even a handful of them, may continue to be seen as outliers within a company. She said change is most likely to come when the entire company shares a commitment to diversify.

“Any executive has a lot of power,” Woehler said, “but really there’s not a whole lot they can accomplish if those around them are opposed.”

Megan Bigelow, president, co-founder of PDX Women in Tech, said the recent progress is a good sign but she isn’t sure it’s indicative of a more open local tech community.

“I do not believe that a women-led company is a silver bullet, as it largely depends on the company culture, hiring and recruiting practices that thrive under her leadership,” Bigelow said in an email. “It is also important that, as a community, we do not expect women CEOs to carry the entire burden, as it should be equitably shared amongst all leaders in the community.”

Kate Johnson, Act-On’s CEO, said women thinking about the future of their careers shouldn’t rule anything out.

“I didn’t feel that being a female should hold me back from moving up in my career and so I’ve always approached situations that way,” Johnson said.

Though it’s still much harder for women to reach the executive ranks, she said it’s a problem that has more visibility today. The obstacles are real, but Johnson said women shouldn’t let them get in her head and hold them back.

“You can’t change everything at once,” she said. “So you’ve got to focus on what you can change.”

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Sunday 17 March 2019

Seattle wants to make developers create affordable housing. How’s that going in Portland?

Portland imposed affordable-housing rules similar to what Seattle wants to expand to additional neighborhoods. Also, the Oregon Legislature recently approved a statewide rent-control measure. (Ellen M. Banner / The Seattle Times, 2017)

The Seattle Times talked with Portland State University land-use professor Marisa Zapata, who supports her city’s affordable-housing policy.

Seattle intends to adopt affordable housing requirements on developers in another 27 neighborhoods, with a City Council vote scheduled later this month.

Both Seattle and Portland have policies requiring developers to help create affordable housing, but the policies are different and the cities are tracking their results differently.

SEATTLE

– Where: University District, Downtown and South Lake Union, Chinatown International District, Uptown and certain Central District intersections

– Since when: Various dates in 2017

– What projects: Projects with multiple apartments, commercial projects

– Developers must: Dedicate 2 to 11 percent of projects to affordable apartments or pay $5.50 to $32.75 per square foot in fees

– Developers get: Upzones

– What’s considered affordable? 60 percent of the area median income

– Results: 15 affordable apartments built, 4 under construction and $13.3 million collected (as of March 2019)

– Where: Citywide

– Since when: February 1, 2017

– What projects: Projects with at least 20 apartments

– Developers must: Dedicate 10 to 15 percent of projects to affordable apartments or pay $19 to $27 per square foot in fees

– Developers get: Tax breaks, parking exemptions and density bonuses

– What’s considered affordable? 60 or 80 percent of the area median income

– Results: 362 affordable apartments permitted (as of September 2018)

But Portland is one step ahead, in a sense. Whereas Seattle established requirements in a number of neighborhoods in 2017, the Rose City adopted them everywhere for large residential projects.

Seattle is allowing developers to build taller and denser in return for help with affordable housing. Portland also is giving away tax and parking exemptions.

So, how’s it going in the Pacific Northwest’s second-largest city? The Seattle Times talked with Portland State University land-use professor Marisa Zapata, who supports the policy.

As of September 2018, the policy had been applied to 43 projects and had produced 362 affordable apartments.

Seattle’s policy, in place in the University District, downtown, South Lake Union, the Chinatown International District, Uptown and some Central District intersections, has produced 15 affordable apartments. It has also produced $13.3 million in fees, which the city estimates could help build about 150 affordable units.

Related: Neighborhood upzones for affordable housing. Q&A on proposal with Seattle mayor’s adviser

Seattle Times: When did Portland start requiring developers to create affordable housing?

Marisa Zapata: Feb. 1, 2017

Q: What were the conditions that led Portland to adopt the requirements?

A: We’d had dramatic increases in housing costs and a lot of apartments built to serve the upper end of the market.

Rents across the city were increasing and the new housing stock was high-end apartments. Someone like me could choose where to live, but people living below the median household income had limited options. People with low incomes were being pushed into the suburbs.

Portland has a long legacy of displacement associated with communities of color, and the black community was experiencing disproportionate rates of movement.

Q: Was state law an issue?

A: Yes. In 2016, the Oregon state Legislature partially repealed a pre-emption on cities adopting affordable-housing mandates.

Q: What does Portland require developers to do?

A: Portland’s policy applies to projects with 20 or more apartments. It says 15 percent of the apartments must be reserved for people making 80 percent of the median household income.

Developers also can pay a fee. Or they can reserve 8 percent of the apartments for people making 60 percent of the median. Or they can build the affordable apartments off-site. The city created a lot of options.

The fees are supposed to allow the city to help build the same amount of affordable housing as the developers would otherwise have built.

The policy applies to projects everywhere in the city, but there are different rules for different areas. In the Central City and Gateway areas, the requirements are higher: 20 percent of the apartments must be for people making 80 percent of the median, or 10 percent for people making 60 percent of the median.

Q: Seattle’s policy applies to commercial projects, like office buildings. Does Portland’s?

A: No.

Q: What did proponents say would happen?

A: They said the policy would create affordable housing without crashing the market.

Q: What did opponents say would happen?

A: They said the policy would have a dramatic chilling effect on the construction market.

Q: Seattle’s downtown-construction boom hasn’t stopped. What’s happened so far in Portland?

A: There was a slowing down of applications (for new apartment-building permits) last year. But right before the policy took effect, there were a number of developers who rushed to apply to avoid the policy.

Also, we have market saturation at this point for luxury apartments. There’s no indication that (the affordable-housing policy) is mostly responsible. That slowdown was already going to happen.

Could the policy be a factor? It’s too early to say conclusively, and there are other factors. Some developers are blaming the policy, but that’s a knee-jerk reaction.

Ultimately, we do have affordable housing being built, which is what we wanted.

Q: Can the requirements be adjusted?

A: Yes, you can always do that. There would be changes if there were serious indications the policy was going awry.

Q: With construction slowing, did Portland act too late to require affordable housing?

A: The state Legislature could have moved quicker but didn’t. There could have been more affordable units built. We’re trying to turn lemons into lemonade.

Q: What other housing strategies are under discussion?

A: The state Legislature is considering a bill that would eliminate all single-family zoning. It would allow multiple units everywhere. The Legislature also just adopted a rent-control policy (capping annual rent increases to 7 percent plus inflation, with new construction exempted for 15 years).

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Monday 4 March 2019

Portland Trail Blazers Weekly Preview – Oklahoma City Rivalry Continues … Who Will Win?

The longest road trip for the Portland Trail Blazers—seven games—will end in Memphis today, and it has been a huge success. Given the quality of the Blazers’ opponents (five of them were playoff teams at the start of the trip), the Blazers’ struggles away from the Northwest this season (before the All-Star break, Portland was 10-15 on the road), and the fact that almost all those games were out East, a record of 2-5 was the reasonable expectation. I’d have been happy with 3-4. 4-3 would have been excellent.

The Blazers, as is their wont in the regular season, delight in exceeding expectations. They went 5-1 through the first six games of this roadie, and they would have gotten the game at Toronto too if Kawhi Leonard wasn’t having one of his good days. That Portland came back from that heartbreaker north of the border and put their foot down on Charlotte when the Hornets made a game of it on Sunday is a very good sign—fighting road-weariness and coming off that loss, prior Blazer squads would have dropped the Hornets game too.

Of course, Jusuf Nurkic was a huge reason why the Blazers salvaged Sunday’s win, him and Rodney Hood (who’s been invisible since the All-Star break, but broke out for 27 points Sunday). Nurk has been awesome on this road swing, averaging 20-10 with 21 total assists and 63% shooting from the field. His 26-point 15-rebound, six-assist effort Sunday was Stat-Stuffing Nurk at his finest.

Toughness has always been a quality of Damian Lillard—his backstory should give you all the information you need—but this season, the rest of the Blazers have got a bit more steel in their spines. They’re hungry to redeem themselves when the playoffs start in a few weeks.

There’s still plenty to be decided before the postseason starts, however. The Oklahoma City Thunder are tied with the Blazers at third in the standings, and they already own the head-to-head tiebreaker. The Houston Rockets are healthy, with a human flamethrower in James Harden, and are one game back of OKC/Rip City. The Utah Jazz are lurking in the background, like that creeper who won’t stop staring at your girlfriend. And there’s always the chance that the young Denver Nuggets, at second in the standings, falter down the stretch—though it must be said that they already have experience chasing a playoff spot, having lost a play-in game to Minnesota last season.

There’s still work to do for the Blazers if they want to capture home-court advantage. The third seed would be preferable, since Golden State is currently first in the West, and avoiding the best team of our generation for as long as possible in the postseason is obviously a good thing. Portland can’t rest on the laurels of a highly successful road trip—they need to continue piling up wins, control what they can control, and all the rest of that nonsense.

That work continues this week—with perhaps the biggest game of the season so far on the docket.

All games can be heard on AM 620 Rip City Radio.

Tuesday, March 5: @ the Memphis Grizzlies, 5:00 PM, NBCSNW

The Skinny:Despite looking frisky during the first 10 weeks of the season, the Grizz have finally decided to pull the plug and embrace the tank. The Grit-n-Grind Grizzlies will go down as one of the most memorable teams of my young adulthood, simultaneously thrilling and frustrating to watch. They were thrilling because they were a legit defensive juggernaut during the pace-and-space revolution, and watching the NBA’s top offenses try to penetrate that defense—and the Association’s top players try to play 35 minutes with Tony Allen in their jersey—was always fascinating.

They were also frustrating because when they did get the advantage, they didn’t run away with games. They slowly ground their opponents down into the red Memphis dirt; watching a winning Grizzlies game was kind of like watching a python strangle a boar, then try to eat it. You knew the snake could do it, and would—it just took forever.

Memphis officially started turning the page when they dealt Marc Gasol to Toronto on February 7, but the actual death of Grit-n-Grind happened over a year ago, when Mike Conley injured his Achilles. The impetus to trade Gasol came from a really bad stretch of games, and the realization that a team helmed by the two veterans (and good friends) could no longer compete in the West.

Having gone 7-24 since December 29, Memphis revved up the tank even before they sent the best player in their history to foreign soil, but where the Grizzlies are driving old World War II-era Shermans, the Bulls and Cavaliers are rocking Panzers, while the Knicks stripped down their roster to almost nothing and have gone full Poland. The Grizz are sixth-worst in the NBA right now, not the best place to be if they want to land a premium youngster to pair with Jaren Jackson Jr. (who’s out with a thigh bruise).

With a limited chance to land the top overall pick (and Zion Williamson), Conley still on the roster with a very expensive contract, Chandler Parsons still on the ledger for one more season after this (though I bet the fans in Memphis are gleefully anticipating calling Parsons “Chandler Parsons’ Expiring Contract” this summer), and the painful process of rebuilding only beginning, things are pretty grim. At least the barbecue is awesome.

Matchup to Watch:Jonas Valanciunas vs. Jusuf Nurkic. Two Eastern European behemoths cut from roughly the same cloth, Valanciunas probably wishes he had Nurk’s support system in Portland. While Nurkic is constantly put in the best positions to succeed both on offense and defense by Terry Stotts, the Lithuanian big man was constantly derided for his slow feet, didn’t fully click with HIS star backcourt, and was always in trade rumors—while the Raptors regularly brought in players to replace him.

Some of the blame for the issues in Toronto does lie on JV himself, some on former Raptors coach Dwane Casey (also a former co-worker of Stotts; they were assistants on Rick Carlisle’s staff when Dallas won the 2011 NBA Championship), and some on the outsize expectations that come with being a top-five overall draft pick. With the trade to Memphis, hopefully he can re-establish himself as a starting-caliber big man; Valanciunas is averaging 19.1 PPG as a Grizzly.

A low-key interesting subplot is whether Valanciunas will pick up his player option this summer. It’s a $17 million option, and I’m not sure if he’ll get a long-term offer that’s better than Nurkic’s four-year $48 million contract—though he could be well-positioned to pounce if he declines his option, and a big-market team completely whiffs on all the big fish. Toronto is a cosmopolitan place, and Memphis might seem bucolic by comparison despite the increased opportunities Valanciunas is getting with the Grizz.

Memphis might not mind if JV picks up his option—they get a longer look at the Lithuanian, and he’d come off the books the same time Parsons and Avery Bradley do. He’s also going to be only 27 years old when the 2019-2020 season starts, so there isn’t as much of a divide in age between him and Triple J/Draft Pick X as there was between them and the 34-year-old Gasol. If nothing else, he’d be a decent bridge between Grit-n-Grind and the Triple J Era.

Prediction:Portland is tired, but Memphis is rumbling in the Ardennes, stuck in a ditch. Blazers win.

Thursday, March 7: vs. the Oklahoma City Thunder, 7:30 PM, TNT

The Skinny:The stage is this: Two teams tied near the top of the Western standings, both desperately vying for the third seed, playing their last of a four-game series. One team has been red-hot for weeks, the other has OWNED the first team all year long. Damian Lillard vs. Russell Westbrook. CJ McCollum vs. Paul George. Jusuf Nurkic vs. Steven Adams. Reggie Miller vs. Good Announcing. National television on hand. The winner gets a full game up on the loser with only a few short weeks to go.

This game could make ALL the difference between facing a punchless Utah team in Round 1 and a callow Denver team in Round 2, and getting thrown into a deathmatch with the Rockets for the right to be Golden State’s Round 2 ritual sacrifice.

Emotion. High stakes. Beer. And I get to actually attend this game.

This theme is perfect for this game. My body is so ready.

Matchup to Watch:Paul George vs. Maurice Harkless. Westbrook might be the $200 million man and former MVP, but George has been the Thunder’s best player all season long. There’re some folks out there saying George has been the best player overall in the NBA in 2019, which is awesome—we’re always looking for more converts to the Church of St. George, patron saint of elite two-way play.

The dark side may have cookies, but the Order of St. George has cookies, cake, beer, whiskey, AND wine. Registration is to the right.

(Seriously: PG-13 has been rated F****** R all season long. He did hurt his shoulder recently, which will have a humongous impact on many aspects of the NBA if he’s limited in what he can do.)

Prediction: The Thunder have been dominating the Blazers all season. If George can get over his recent shoulder issues, I see no reason why that won’t continue.

Saturday, March 9: vs. the Phoenix Suns, 7:00 PM, NBCSNW

The Skinny:While the Memphis game features a team far removed from its past glory, and OKC is a team that’s very strong in the present, this contest highlights a franchise that’s all about the future.

At 13-51, the Suns have the worst record in the NBA, a half-game below the Knicks. But while New York is blatantly trying to get the top pick so they can package it in a trade (instead of, you know, developing a top-tier big man prospect. Because screw that, right?), Phoenix would look positively terrifying with Williamson and Deandre Ayton at the 4 and 5—even if the Suns would be much better off with Ja Morant.

Phoenix is so terrible because they’re extremely young and extremely poorly-run at the top, but there are things to like here. Ayton—like Marvin Bagley and Trae Young—is doing his very best to make people forget that he was chosen over Luka Doncic, averaging 17-10 with nearly 60% shooting. Devin Booker is parlaying a massive Usage Rate into an equally massive 24.5 PPG, with a 33% Assist Rate (meaning he assisted on one-third of his teammate’s field goals while on the court) and a 15% Turnover Rate (meaning that for every 100 possessions he uses, Booker coughs up 15 turnovers). Mikal Bridges looks like the wing role player Booker needs to help him find team success.

This franchise still needs a couple young pieces—and a point guard–and has missed far too often on draft picks. It’s common to whiff on high choices, to think you’re getting a star only to find out you got a starter. Phoenix, though, has turned mismanagement and poor scouting into a God-damned art form, both in the Draft and in free agency.

The Suns have bricked on every big man draftee until they lucked into the first overall selection last year. They went from having three starting-caliber point guards to none after upsetting all three, and trading them away for pennies and dimes on the dollar one at a time. Josh Jackson has been a non-entity without the ball and merely bad with it, which sucks because Booker and Ayton also need the ball. They brought in seasoned veterans to help build winning habits, like Tyson Chandler and Trevor Ariza, yet the youngsters are too green and too stat-obsessed to need those lessons; Chandler and Ariza are now on different teams.

For all the trading and activity around the Suns this decade, they’ve mostly spun their wheels while on cinderblocks since Steve Nash was traded. After a highly successful and trend-setting 2000s, Phoenix has been left behind. Hopefully, with Booker, Ayton, Bridges, and whomever they select this year, the 2020s will see a return to relevance for this proud franchise.

Matchup to Watch:Devin Booker vs. Damian Lillard. The next step for Booker is learning how to score efficiently. He already can distribute the ball—there’s hope in Phoenix that the 22-year-old can develop into James Harden Lite someday—but he’s going to have good-looking counting stats since he’s reaching Westbrookian levels of ball-hoggery. Being more economical and inclusive is Priority No. 1 for the young man from Michigan.

He can learn many things from watching Lillard, and not just on-the-court stuff. Though painfully young, Booker will have to try to be a leader. It sucks being so young and having to be thrust into the big chair—trust me, I know.

That’s the situation his talent and potential have put him in, however. Just like my dad told me long ago, Booker just has to suck it up and do what he can.

Prediction:Portland tallies an easy win—whether to pad their lead over OKC, or to start salving their wounded pride, remains to be seen.

Trail Blazers’ Record Last Week: 3-1

Trail Blazers’ Record Overall: 39-24

Jared’s Picks Record: 3-1

Jared’s Picks Overall: 38-24

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Tuesday 19 February 2019

Portland company wins contract to help develop geothermal energy

A Portland company that specializes in data compilation and analysis has won a contract to help the Department of Energy harness geothermal energy.

Introspective Systems LLC announced Tuesday that it received a $149,935 Small Business Innovation Research award to support the DOE’s Enhanced Geothermal Systems project. EGS is a technology that pumps water into hot rocks thousands of feet below the Earth’s surface and uses that warmed water to drive conventional steam turbines.

Introspective Systems is developing monitoring software to enable the geothermal systems to be cost competitive and integrated into the electrical grid. It is working on new algorithms and analytical methods to provide enhanced understanding of geothermal systems being developed in the future.

The work is part of a larger body of research aimed at studying ways to combat global warming, according to a news release from the company.

“We are using our deep seismological expertise obtained with National Earthquake Information Center and the US Air Force to develop this system that could be a gamechanger for baseload renewable systems,” said CEO Kay Aikin in the release. “This effort could remove 400 million metric tons of carbon dioxide per year or about 6.1 percent of our carbon emissions.”

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Wednesday 6 February 2019

Ristretto Roasters in Northwest Portland closes as #MeNeither controversy simmers

A Northwest Portland location of Ristretto Roasters closed this week while the wife of the coffee shop’s owner continues to publish episodes of her controversial YouTube show and podcast called “#MeNeither,” The Portland Mercury reports.

The Mercury reports that the location on Northwest Nicolai Street inside Schoolhouse Electric officially closed Tuesday.

“It has been an abrupt and unfortunate ending to a long relationship,” the president of Schoolhouse, Sara Fritsch, said in a statement Wednesday. “We are now focused on establishing a fresh coffee partnership with a company that shares our values and complements our brand.”

Last week, two Oregon-based grocery chains, News Seasons and Market of Choice, announced that they were no longer buying or carrying Ristretto Roasters coffee in the wake of the controversy.

Nancy Rommelmann, a writer and the wife of Ristretto owner Din Johnson, started the #MeNeither show with columnist Leah McSweeney. In it, the two offer rebuttals to the #MeToo movement and discuss hot-button topics like “toxic feminity.”

While Rommelmann and Johnson have said that Rommelmann is not professionally affiliated with the business, former employees disagree, and say she is heavily involved.

New Seasons, Market of Choice no longer carrying Ristretto Roasters coffee after #MeNeither controversy

Portland-based grocery store New Seasons has pulled Ristretto Roasters coffee from its shelves in the wake of an ongoing controversy over Ristretto owner’s wife Nancy Rommelmann YouTube series called “#MeNiether.”

Rommelmann was listed on state records for the business as recently as last month, has been referred to as a co-owner in previous, positive, press coverage, and last week was behind a string of now-deleted tweets from the company’s official handle attacking a former employee and other critics.

Rommelmann previously reviewed books and wrote feature stories as a freelance writer for The Oregonian/OregonLive, ending in 2014.

The latest episode of the show published on Feb. 3, which is not currently on YouTube but is available as a podcast, features guest Cathy Young and discusses an article Young wrote for Reason.com that asks, among other things: “But is rage feminism (to coin a phrase) the way forward, or is it a dangerous detour?”

Thirty employees and former employees of Ristretto signed a letter sent to Portland media outlets in January.

A YouTube channel called #MeNeither, which questions the honesty and motives of sexual assault survivors, is creating a backlash against a Portland coffee chain.

“We believe it is a business owner’s responsibility to create a safe and supportive working environment for their employees,” the letter said. “Invalidating assault survivors throws into question the safety of Ristretto Roasters as a workplace and has the potential to create a demoralizing and hostile environment for employees and customers alike. This cannot be tolerated.”

Ristretto now has three locations in Portland.

“According to staff,” wrote The Mercury’s Alex Zielinski, “Rommelmann worked the final shift at the Northwest location before it officially closed its doors.”

Ristretto Roasters did not responded to request for comment.

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Thursday 24 January 2019

Tech-focused real estate company REX, which operates outside MLS, raises $45 million

Real EstateTechnologyIn the Money

Uses “AI and big data” to target buyers and sellers

Last January, REX, a tech-focused real estate brokerage that does not use the MLS, raised $15 million in its Series B funding round to fund a national expansion.

Now, just over a year later, the company has raised triple that amount.

REX announced Tuesday that it just completed a $45 million Series C funding round. According to the company, it plans to use the new funding to continue its expansion.

Last year, REX expanded to Colorado, Texas, Northern California, and New Jersey after first launching in Southern California and New York. And earlier this month, the company began operating in Sacramento, California and Portland, Oregon.

REX is a real estate brokerage, representing both homebuyers and sellers in real estate deals, but the company does not list its properties on the MLS.

What sets REX apart, according to the company, is that it provides homebuyers and sellers with an “innovative technology platform that replaces the conventional real estate model, effectively providing a digital alternative in the sale of a home.”

According to the company, it uses “big data and AI” to aid in the process, using “proprietary algorithms that target homebuyers based on geography, income, life stage, and likelihood of interest.”

The company also claims that it lists properties on Zillow, Trulia, Google, Yahoo Homes, Bing, and other sites.

And it does all this just a 2% fee on both sides of the home sale.

The company also offers escrow and title, mortgage, and insurance services.

“We are at a transformational moment in the U.S. real estate market with consumers demanding lower costs, great service and the benefits brought by technology that have transformed so many other industries,” said Jack Ryan, co-founder and CEO of REX. “REX offers a more affordable, convenient and transparent way to buy and sell homes, in contrast to all the brokerages that depend on the MLS model that uses protectionist practices to maintain outrageously high fees.”

According to the company, in addition to expanding geographically, REX has also seen a 300% year-over-year increase in its listings.

The company did not list the investors in the latest round of funding, but previous investors include Scott McNealy, the co-founder and former CEO of Sun Microsystems; Dick Schulze, the founder of Best Buy; Gordon Segal, the founder of Crate and Barrel; Amit Singhal, former senior vice president of search at Google; Jack Greenberg, the former CEO of McDonalds; and others.

Overall, the company has now raised $75 million in funding.

“REX is delivering a residential real estate solution in step with how consumers actually behave and what they actually want,” McNealy said. “REX has expanded rapidly and has been managing its business with incredible focus, and we’re delighted by the way home buyers and sellers across the U.S. are responding.”

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Friday 11 January 2019

Man accused of killing girlfriend in SE Portland pleads guilty to manslaughter

Spencer Johnson appears in court. KPTV photo.

PORTLAND, OR (KPTV) – A man accused of killing his girlfriend nearly three years ago has changed his plea.

In court Wednesday morning, Spencer Johnson pled guilty to manslaughter. The plea is reduced from the murder charge Johnson was originally facing.

Police say Johnson shot and killed 48-year-old Cory Lumber at the Misty Firs Apartments in southeast Portland in July 2016.

Police reports show that Johnson had a history of domestic violence, once causing a previous girlfriend to say that “he is eventually going to kill.”

Johnson’s sentencing for the killing of Cory Lumber is set for one week from Wednesday.

Copyright 2019 KPTV-KPDX Broadcasting Corporation. All rights reserved.

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