Affinity investing to develop communities has incredible intrinsic value, however its value by the numbers should not be overlooked: angels investing through affinity groups produce some of the strongest results in the early-stage technology sector. There are two parts to the reason why: one, the critical importance of investing through a network and, two, the positive correlation between affinity and meaningful assistance. Excitingly, New York City affinity angel networks are pioneers in this area, and it should help grow Silicon Alley for the foreseeable future.
