Albert Wenger

Last updated
Albert Wenger
NationalityGerman and American
Education Harvard University (BA) and MIT (PhD)
OccupationManaging partner at Union Square Ventures
Known for Venture capital

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]

Contents

Early life and education

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

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

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

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References

  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.
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