Our Members

The MIT Alumni Angels of DC (MITAADC) brings together startups and investors from the MIT community. We are affiliated with the MIT Alumni Association and promote connections between companies looking for funding, investors, and seasoned executives. We hold pitch events once per quarter and typically invite 3-5 companies to present their business plans. Please contact us using this form if you would like to participate.

MIT Alumni Angels has chapters in Northern California, Boston, and New York, and comprise over 700 members. The DC chapter comprises 60+ members who are passionate about innovative startups. Our experience includes executive, management, and technical leadership roles in IT, big data, and healthcare industries. More than a few members have specific experience with federal contracts. Sixty percent have made investments in at least one early stage company; 20% have invested in at least 5 early stage companies.

Our core principles are:

Deep Connection to the Institute: All investors are MIT alumni, and presenting startups typically have at least one founding / management team member, board member or adviser who is affiliated with MIT. This could include a current student, an alum, a professor, or a researcher.

Simple Process for both Startups and Investors: We typically make a decision on whether to invite a company to present after 1 or 2 conversations, and we don't burden startups or investors with excess process and requirements. Startups are free to manage their engagement with investors how they see best following events, and individuals make their own investment decisions.

Focus on Education: We regularly host experienced investors and startup executives from the community at our events, so that they can share their views with the group on topics ranging from building companies and angel investing to trends in the innovation economy.

For the Community: We run the group with the mission of furthering the MIT entrepreneurship community. We put significant focus on bringing connections and expertise to our startups and investors, as well as fostering helpful relationships with the broader community.


Leadership Team


Terry Hsiao (Director)

Terry Hsiao is an entrepreneur, advisor and investor with extensive experience in mobile messaging, payment and fintech. He has founded multiple companies in mobile that got acquired by Sybase, Verifone, and Kaleyra.

Appointed by two governors across party lines, Terry served on the board of Virginia’s Center of Innovation and Technology, a state-funded economic development and investment agency. Terry is the current President of Monte Jade DC, representing Asian American business leaders and entrepreneurs for 25 years. He has served on the Board of Governors at MIT Sloan and on the Board of Advisors at the College of Engineering at Rutgers University.

Terry received a BSEE Honors degree in Electrical and Computer Engineering from Rutgers University and a Master’s degree in Management of Technology from MIT Sloan.


Dave Lemus

Dave is an experienced C-Level executive (CEO-COO-CFO) and non-executive board member with extensive US and international business experience spanning 20+ years in the pharmaceutical & biotechnology industry. Dave has served in multiple executive board roles in various US, European, private and publicly-traded biopharmaceutical companies. His deal sheet accumulated as an executive involves more than $3 billion in licensing, financing/capital markets and M&A transactions - including executing Germany's first-ever biotechnology IPO, and successfully closing two of the largest biotech-pharma deals in the biopharmaceuticals space.

He currently sits as a non-executive director on multiple boards of life-science focused companies in both the US and Europe, and runs the strategic advisory firm LEMAX, focused on serving the global biopharmaceutical industry.

Dave received a BS from the University of Maryland, an MS from MIT, and is a licensed CPA in the state of Maryland.


Al Mink

Al works at the intersection of technology and US National Security. He consults for the US Air Force and defense contractors. He also teaches a graduate course for American University on technology strategy for business.

Al earned his Bachelor’s degree in computer science from MIT, his Master’s in business from Carnegie-Mellon, and a recent PhD in Cloud Computing from George Mason University. Al is a former combat pilot and technology leader in US Air Force, having retired at the rank of Colonel after 22 years of service. In the private sector he ran a $100M business unit. He has also held the positions of COO and CTO at a leading technology organization. He’s on the board of AFCEA, the professional association for technology in national security; is a co-founder of FAST ROPE, and is a life member of the Air Force Association.

Al is engaged in the entrepreneur ecosystem, having served as the regional chair and then at large member of the global MIT Enterprise Forum. He sits on the Board of Advisors for several startups, reviews SBIR I & II proposals for the National Science Foundation, and has led expert panels on startup funding.


Image credits: banner - Ted Eytan (Attribution-ShareAlike 2.0 Generic CC BY-SA 2.0)