Albert Wenger: World After Capital

Published: Oct. 7, 2017, 11:50 a.m.

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Albert Wenger is a partner at Union Square Ventures. Before joining USV, Albert was the president of del.icio.us through the company\\u2019s sale to Yahoo and an angel investor in Etsy and Tumblr. He previously founded or co-founded several companies, including a management consulting firm and an early hosted data analytics company. Albert graduated from Harvard College, where he studied economics and computer science and holds a Ph.D. in Information Technology from MIT.\\xa0

In this episode, we talk about what it was like to grow up in Germany, where Albert received an Apple II at a young age. As a teenager, Albert visited America for the first time when he stayed with a family in Rochester, Minnesota \\u2014 the most impactful travel experience of his life. \\xa0We talk about how technological progress has shifted scarcity for humanity.\\xa0When we were foragers, food was scarce. During the agrarian age, it was land. Following the industrial revolution, capital became scarce. With digital technologies, scarcity is shifting once more. We need to figure out how to live in a World After Capital \\u2014 the title of Albert\\u2019s new book \\u2014 where the only scarcity is our attention.\\xa0

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