Albert Wenger

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

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]

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.