New York Angels New York Angels New York Angels is an organization of business angel investors based in New York, New York, US that provides equity capital for early stage companies, primarily in the field of technology and new media. Its members typically invest between US$250,000 and US$1,000,000 in companies that have begun operations but are not yet ready for venture capital. New York Angels is the successor group to the Angel Investor Program of the former New York New Media Association (NYNMA), which began as the industry association representing the fast-growing technology companies in what was nicknamed Silicon Alley. In 1997, at
Silicon Valley supports innovation and entrepreneurship. Attempts to create "Silicon Valleys" in environments where disruptive innovation does not go over well have a poor track record. The San Francisco Bay Area has the largest concentration of high-tech companies in the United States, at 387,000 high-tech jobs, of which Silicon Valley accounts for 225,300 high-tech jobs. Silicon Valley has the highest concentration of high-tech workers of any metropolitan area, with 285.9 out of every 1,000 private-sector workers. Silicon Valley has the highest average high-tech salary in the United States at $144,800. Largely a result of the high technology sector, the San Jose-Sunnyvale-Santa Clara,