Who are angel investors?
You probably already know the angel investors definition, but to stay on the same page, let’s repeat it again. It is a wealthy person, usually with a net worth of over $1 million, who independently invests in small startups and individual entrepreneurs. Often they provide financial support in exchange for ownership equity in the company.
Angel investors got their name from the style of their contributions. They usually invest in new risky startups and help, where banks loans or capital funds are not available. There are other names for ‘the angels’ — private or seed investors.
Why Washington, D.C.?
Washington, D.C., has an underrated and actively growing investors scene. The capital city houses many major angel investors who are looking for new innovative startups. Moreover, there are numerous governmental institutions located in the metropolitan area. That is what makes it the perfect place for making important connections.
Recently Washington, D.C. was named one of the top American cities for tech investments and the 4th most desirable location for startups. While the competition in the Bay Area or in New York is over the moon, D.C. has fewer startups to compete with.
Overall, Washington, D.C. is a good place to look for first investors. The big government presence and actively growing tech sector create new opportunities for angel investors to settle down in the city.
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