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Albert Wenger

Albert Wenger

Albert Wenger is a German-Amercian businessman, venture capitalist, author, and entrepreneur. He is the founder of DailyLit, managing partner at Union Square Ventures, and the author of World After Capital.

Dr.Albert Edmund Wenger, Ph.D., is a German-Amercian businessman, venture capitalist, author, and entrepreneur that was born in Nuremberg, Germany. Wenger later immigrated to the United States to live in New York City, New York He is the founder of DailyLit, managing partner at Union Square Ventures (USV), and author of World After Capital. The most notable companies in his portfolio with USV are: Twitter, Tumblr, Foursquare, Etsy, Kickstarter, and Shapeways.



He is also the founder or co-founder of five companies: a company for reading books by email or RSS feed that he co-founded with his wife Susan Danziger called DailyLit, a managing consulting firm, a hosted data analytics company, a technology subsidiary for E*Tradebank, and an early stage investment firm. 

Education

Dietrich-Bonhoeffer-Gymnasium Oberasbach

Albert Wenger attended high school in Oberasbach, Bavaria, Germany at the Dietrich-Bonhoeffer-Gymnasium. When Wenger was 18 years old, he won the German National Computer Science Competition.

Harvard University

Albert Wenger attended Harvard University from 1987 to 1990. He graduated summa cum laude (with the highest distinction) in 1990 with a bachelors degree in economics and computer science. 

Massachusetts Institute of Technology

After completing his undergraduate degree at Harvard University, Albert Wenger attended the Massachusetts Institute of Technology (MIT) Sloan School of Management from 1993 to 1996 where he studied information technology.



Wenger graduated from MIT Sloan School of Management with a Ph.D in information technology in 1996 under the supervision of Erik Brynjolfsson. He published his thesis paper titled "Three Essays on the Influence of Information Technology on the Organization of Firms" in 1999. Wengers thesis paper focused on how information technology affects the organization of firms by analyzing the role information technology plays in firm size, hybrid organizations, and the cost of communication for firms.

World After Capital

World After Capital is a book written by Albert Wenger that is available for free online at Worldaftercapital.org. The book discusses how the progress of technology is shifting societies focus from competing for scarce resources such as food, land, and capital, to a society competing for the scarce resource of attention.



Wenger wrote the book with the goal of contributing to the dialog surrounding how to pro-actively choose the best use for technological advances. The book is an on-going work in projects that is still being updated by Wenger as of July, 2019. Wenger is using Gitbook and Github to track versions of the books website and different versions of the book itself. 

Entrepreneurship

DailyLit

In August 2006, Albert Wenger, and his wife Susan Danziger founded DailyLit. On February 13, 2013 DailyLit was acquired by Plympton for an undisclosed amount of money. 

Board memberships

Albert Wenger served on the following company boards: 



Board Memberships

Compamny name
Title
Date

AMEE

Director

January 2009 - November 2015 (6 years and 11 months)

Behance 

Director

February 2012 - December 2012 (11 months)

Director

November 2014 - present

Director

April 2007 - June 2012 (5 years and 3 months)

Clue by Biowink

Director

October 2015 - present

Director

October 2015 - present

Covester

Director

2008 - April 2015 (7 years)

Edmodo 

Director

November 2010 - April 2018 (7 years and 6 months)

Etsy 

Board observer

September 2006 - April 2015 (8 years and 8 months)

Director

September 2009 - present

GoTenna 

Director

March 2017 - present

Heyzap 

Director

June 2010 - January 2016 (5 years and 8 months)

MongoDB

Director

July 2008 - March 2017 (* years and 9 months)

Director

September 2010 - present

Shippo 

Director

September 2016 - present

Director

March 2013 - present

SimScale 

Director

December 2015 - present

Director

August 2011 - present

Top Hat

Director

February 2011 - present

Twilio 

Director

January 2010 - December 2015 (6 years)

Wattpad 

Director

September 2011 - present

Career and employment history

Union Square Ventures

In February 2008, Albert Wenger became a managing partner at Union Square Ventures. He is still currently serving as a managing partner. 

Eckford Group

From January 2003 to January 2008 (5 years and 1 month), Albert Wenger served as a partner at Eckford Group. 

Del.icio.us

From May 2005 to January 2006 (10 months), Albert Wenger served as the President for Del.icio.us. Wenger was president during the sale of Del.icio.us on December 5, 2005 to Yahoo. 

Family

Albert Wenger is married to Susan Danziger, and they have 3 children together. 

Timeline

February 13, 2013

Plympton acquires DailyLit

On February 13, 2013 DailyLit was acquired by Plympton for an undisclosed amount of money. 

February 2008

Managing partner at Union Square Ventures

In February 2008, Albert Wenger became a managing partner at Union Square Ventures.

August 2006

Founded DailyLit

In August 2006, Albert Wenger, and his wife Susan Danziger founded DailyLit. 

May 2005

President of Del.icio.us

From May 2005 to January 2006 (10 months), Albert Wenger served as the President for Del.icio.us.

January 2003

Parter at Eckford Group

From January 2003 to January 2008 (5 years and 1 month), Albert Wenger served as a partner at Eckford Group. 

1993

Attended Massachusetts Institute of Technology

After completing his undergraduate degree at Harvard University, Albert Wenger attended the Massachusetts Institute of Technology (MIT) Sloan School of Management from 1993 to 1996 where he studied information technology.

1987

Attended Harvard University

Albert Wenger attended Harvard University from 1987 to 1990.  He graduated summa cum laude (with the highest distinction) in 1990 with a bachelors degree in economics and computer science. 

People

Name
Role
LinkedIn







Further reading

Title
Author
Link
Type
Date

"No One Really Knows" - No Need for Alarm about How Neural Nets Work

Albert Wenger

Web

April 17, 2017

#TakeAKnee: Symbolic Protest Meme is Antifragile

Albert Wenger

Web

September 26, 2017

2017

Albert Wenger

Web

January 2, 2017

3,000 Piece Puzzle: A Lesson in Complexity

Albert Wenger

Web

January 7, 2019

9/11

Albert Wenger

Web

September 11, 2017

9/11 Visiting the Museum

Albert Wenger

Web

September 11, 2016

A Brief Note on Email Introductions

Albert Wenger

Web

May 4, 2019

A Bulge, Not a Bubble

Albert Wenger

Web

November 23, 2015

A Healthy Discussion about Wealth (and Billionaires)

Albert Wenger

Web

February 8, 2019

A SIM Switch Account Takeover (Mine)

Albert Wenger

Web

January 12, 2018

Ad-Blocking Points the Way To Decentralizing Power And That's a Good Thing

Albert Wenger

Web

September 20, 2015

After Paris: Doubling Down on Democracy

Albert Wenger

Web

November 15, 2015

Against Technological Determinism: Blockchains and Encryption

Albert Wenger

Web

April 8, 2016

AI Ethics Are Hard

Albert Wenger

Web

April 5, 2019

All Hands: Take Questions in Advance

Albert Wenger

Web

August 10, 2016

AlphaZero Chess: Computers Will Think Differently from Humans, Letting them Outperform Us (on Many Tasks)

Albert Wenger

Web

December 11, 2017

Alternative Credentialing Needed

Albert Wenger

Web

September 8, 2015

An Alternative to Mandatory APIs: Let Me "Hack Myself"

Albert Wenger

Web

April 20, 2018

An Opportunity for States and Cities

Albert Wenger

Web

December 9, 2016

Android Phone: My First Malware Experience

Albert Wenger

Web

January 8, 2016

Announcing Blockstack Labs (a Name Change)

Albert Wenger

Web

May 16, 2016

Announcing Blockstack: Decentralized DNS and Identity for Blockchain Applications

Albert Wenger

Web

February 25, 2016

Anxious Investors (the Investor Side)

Albert Wenger

Web

July 27, 2015

Apple on Privacy: What About Limits on General Purpose Computing?

Albert Wenger

Web

June 24, 2015

Apple's Excessive Power

Albert Wenger

Web

February 1, 2019

Documentaries, videos and podcasts

Title
Date
Link

#14 Albert Wenger, USV: A Blockchain World After Capital (S1 Ep1)

October 26, 2017

A BIG idea, a bot idea -- How smart policy will advance tech | Albert Wenger | TEDxNewYork

January 15, 2015

ALBERT WENGER - World after Capital | Rise of AI conference 2019

July 3, 2019

Albert Wenger, Union Square Ventures - Gel 2016

June 30, 2016

Ask Albert Anything Answer #3

December 6, 2015

Ask Albert Anything Answer #5

December 14, 2015

Ask Albert Anything Answer #6

December 20, 2015

Ask Albert Anything Question #3

December 6, 2015

Ask Albert Anything Question #5

December 14, 2015

Ask Albert Anything Question #6

December 20, 2015

It's Only the Beginning (Albert Wenger, Managing Partner at Union Square Ventures) | DLD15

January 19, 2015

Lending Club 2 in SF Bay

July 3, 2015

Venture Capitalist Albert Wenger on Basic Income and World After Capital

June 17, 2016

World After Capital Moving to a Knowledge Society | Albert Wenger | Slush 2016

December 6, 2016

Companies

Company
CEO
Location
Products/Services









References