(Portland, OR) -- Portland entrepreneur Steven Smith, who co-founded Tazo Tea and other enterprises, is dead at age 65. Smith began the tea company in 1994 and grew it into a multi-million-dollar creator of specialty blends. The company was sold in 1999 to Starbucks for eight-point-one-million-dollars. Smith died yesterday afternoon in Portland. Services are slated to be held on March 31st at the Sentinel hotel on Southwest 11th Avenue.