Albert Wenger Explained

Albert Wenger
Nationality:German and American
Known For:Venture capital
Occupation:Managing partner at Union Square Ventures

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]

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]

Notes and References

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