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.