Albert Wenger

Summary

Albert Wenger is a German-American businessman and venture capitalist. Wenger is a managing partner at Union Square Ventures, a New York City-based venture capital firm with investments in companies such as Twilio, Etsy, Firebase, Behance, and MongoDB.[1]

Albert Wenger
Wenger in 2023
NationalityGerman and American
EducationHarvard University (BA) and MIT (PhD)
OccupationManaging partner at Union Square Ventures
Known forVenture capital

Early life and education edit

Wenger won the German high school computer science competition[2] when he was 18.[3] Wenger earned his PhD in Information Technology from the MIT in 1999 under the supervision of Erik Brynjolfsson and Bengt Holmström.[4]

Career edit

Albert Wenger joined Union Square Ventures as a venture partner in 2006[5] following the sale of Delicious to Yahoo in 2005 where he had been the president.[6] He led USV's investment in Etsy, where he was also a personal angel investor.[7] He became a General Partner in 2008[8] and a Managing Partner in 2017.[9] Notable investments include Series A rounds in Etsy (IPO 2015), Twilio (IPO 2016), MongoDB (IPO 2017) as well as Behance (acquired by Adobe) and Firebase (acquired by Google).[10]

Wenger also co-founded DailyLit,[11] The Spark of Hudson,[12] and HudsonUP,[13] and is an investor in Ziggeo.[14]

Personal life edit

Wenger and his wife Susan Danziger have three children together. Their youngest son works as a fashion designer in New York.[15]

References edit

  1. ^ "Albert Wenger Union Square Ventures". Retrieved 2018-03-27.
  2. ^ "Bundeswettbewerb Informatik".
  3. ^ "Dr. Albert Wenger". University of the People.
  4. ^ "Three essays on the influence of information technology on the organization of firms". Retrieved 2018-03-27.
  5. ^ "Introducing Albert Wenger". 25 June 2007. Retrieved 2018-03-27.
  6. ^ "A New York VC Spotlight: Albert Wenger". 10 June 2014. Retrieved 2018-03-27.
  7. ^ "Albert Wenger - Angellist". Retrieved 2018-03-27.
  8. ^ "AVC My Partners". 4 March 2011. Retrieved 2018-03-27.
  9. ^ "AVC Succession Planning In Partnerships". 18 July 2017. Retrieved 2018-03-27.
  10. ^ "USV Portfolio". Retrieved 2018-03-27.
  11. ^ "Techcrunch - Plympton Acquires DailyLit". 13 February 2013. Retrieved 2018-03-27.
  12. ^ "Andrew Yang Universal Basic Income Cases Experiment Upstate New York". Business Insider. Retrieved 2021-03-05.
  13. ^ "Andrew Yang tests universal income program in Hudson". 16 May 2020. Retrieved 2021-03-05.
  14. ^ "About Albert Wenger". Retrieved 2018-03-27.
  15. ^ "'Chopped' Contestant Now Designing Clothes. He's 16". The New York Times. 2018.