; After exiting
his Inc. 500
in 2003, Tien
Connectpreneur, a bimonthly
community forum of more
than 8,000 entrepreneurs,
venture capitalists, and CEOs
in the Mid-Atlantic region.
; Anna Mason, a
Rise of the Rest
seed fund who
fitness app Burn This, volunteers
as the co-director of the Vinetta
Project, a collective that aims
to close the gender-based VC
funding gap by connecting
female founders with investors.
Average asking rent per square foot for D.C. office space
; The city’s top-notch academic
George Washington, and Howard
universities, to name a few—along
with their business schools and entrepreneurial programs, create a rich
stream of talent for local companies.
; As online marketplace LivingSocial
shrank from 4,500 workers in 2011 to
about 200 in 2016, many former staffers, like Susan Tynan of Framebridge,
joined startups or created their own.
Talent also comes from large professional service firms such as Deloitte
and edtech startup Blackboard.
; When intelligence agency employees want to try something different,
they often stay local. According to
Jake Kramer, managing partner at
federally funded venture program
Fed Tech, the FBI, CIA, NSA, and DoD
all supply talent to D.C. companies.
; Despite a flock of electric scooters
and a bike-share program, traffic
is a problem downtown. “I missed
a key Series B meeting,” says Matt
Calkins, founder of cloud-computing
; Unlike its neighbors, Virginia and
Maryland, D.C. doesn’t have a state
fund that invests in early-stage
businesses, which drives founders
elsewhere in search of capital, says
Melissa Bradley, of early-stage
accelerator 1863 Ventures. “That’s
where we are struggling.”
; Amazon’s imminent arrival in
Arlington’s Crystal City neighborhood is creating anxiety over competition for local talent—it’s unclear
how many workers will be imported,
says Clare Bennett, director of
marketing at accelerator Dcode.
D.C. has been named the best city for women in tech for the past five years.
WHERE TO TALK SHOP
; Just steps from the White House, the
tropical-themed We Work at Metropolitan Square is the best place to rub
elbows with power players while sipping
free microbrew coffee.
; Founders who work through happy hour
flock to Bourbon Coffee in the West End.
Grab an African brew, sink into a plush chair,
and power through those long meetings.
; Venture capitalists, lobbyists, founders, and
government officials alike gather in the deep
green booths at Old Ebbitt Grill, a D.C.
staple known for its burgers and oysters.
business school and founder
and managing partner of
1863 Ventures, an early-stage
accelerator that helps individuals
in historically marginalized
groups scale their businesses.