We saw some of the best and brightest new startups from primarily the greater Washington DC area, at TechBUZZ today. TechBUZZ kicks off the annual CapitalConnection conference which focuses on private equity, startups, growth companies and emerging trends.
Capital Connection is celebrating its 25th anniversary super serving the private investment community in the greater Washington DC area. When Capital Connection first started out most of the investors invested in companies within 100 miles of their homes here. Nowadays with the global change in startup climate, angel funding and venture funding, the hundreds of investors at the conference represent a global community.
Although we’ve been to Launch, DEMO and TechCrunch Disrupt (even yesterday), Capital Connection feels different. It’s a more seasoned crowd of investors ranging from angel investors, venture capitalists, private equity firms and more. Where you get the feeling that the angel and VC firms we read about in TechCrunch and PandoDaily every day, are great people but even fairly new themselves, the Capital Connection conference feels like more seasoned, and dare I even say “old money”.
A better analogy may be, that where pitching at TechCrunch Disrupt, DEMO or Launch would be like pitching to Shark Tank, Capital Connection feels more like pitching to Donald Trump.
Where we wore shots and nibletz t-shirts yesterday we’re in slacks and polos today and possibly a bit underdressed. If you’ve ever been to a startup conference it’s typically shorts, crocs and your startups t-shirt. Presenters today are in long sleeves, some with their startup t-shirt hanging out and some in ties and jackets.
All of this atmosphere makes the pitch seem a little more formal and probably a little tougher on the startup.
We’ll be bringing you coverage over the next couple of days from this amazing conference.