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Dr.Albert Edmund Wenger, Ph.D., is a German-American 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.
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.
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.
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 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 society's 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 ongoing 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 book's website and different versions of the book itself.
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.
Albert Wenger served on the following company boards:
Board Memberships
In February 2008, Albert Wenger became a managing partner at Union Square Ventures. He is still currently serving as a managing partner.
From January 2003 to January 2008 (5 years and 1 month), Albert Wenger served as a partner at Eckford Group.
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.
Albert Wenger is married to Susan Danziger, and they have 3 children together.
