Tuesday, June 8, 2010

New Media Ventures is a national network of early-stage investors looking to spend their time and money on start-ups building “progressive political power,

An Angel Group For Political Gain: Most investors have a straightforward mission: to get rich. But a newly launched angel group called New Media Ventures has a different agenda. “The return on our investment for our investors is political,” Director Matt Ewing said. “This is about creating political change.” New Media Ventures is a national network of early-stage investors looking to spend their time and money on start-ups building “progressive political power,” Ewing said. The group of angels was organized by Democracy Alliance, a five-year-old, left-leaning, non-profit activist group.
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