How David Fischer Became a Venture Capitalist After Leaving Meta
Meta Veteran David Fischer is a well-known name in the marketing world. He was the chief revenue officer of Meta, formerly known as Facebook Marketing for 11 years. He helped grow the company’s advertising business from a relatively small operation to a global powerhouse that serves over 200 million businesses around the world.
But in 2021, Fischer Marketing expert, decided to leave Meta and pursue other opportunities. He said it was the right time for him to move on after growing the business to such a large extent. He also wanted to take a break and spend more time with his family. However, his break did not last long. Shortly after leaving Meta, he was approached by Antler, a Singapore-based venture capital firm and startup studio. Antler’s founder and CEO, Magnus Grimeland, was one of Mark Zuckerberg’s Harvard classmates and had been introduced to Fischer Treasury by Larry Summers, the former U.S. Treasury Secretary who Fischer had worked under in the 90s.
Antler invited Fischer Venture Capitalist to join its board of directors, along with other prominent figures such as Summers himself, B Capital Group vice chairman Sheila Patel, and hedge fund manager Nancy Zimmerman. Fischer accepted the offer and became an Antler board member in early 2022. What is Antler’s vision and what drew it to Fischer? Antler is a venture capital firm that also functions as a startup studio. It assists entrepreneurs in developing and scaling their businesses from nothing by offering them funding, mentorship, network access, and talent matching.
Antler operates in 16 locations in Asia Pacific, Europe, and North America. It has backed over 300 startups since it was founded in 2017, in different sectors such as fintech, healthtech, edtech, e-commerce, and more. Antler wanted Fischer on its board because of his extensive experience and expertise in marketing and scaling businesses globally. Fischer has a strong track record of building and leading teams, developing innovative products and solutions, and driving revenue growth for Meta and other companies he has worked for.
Fischer said he was astonished by Antler’s vision of empowering entrepreneurs to solve real problems and create positive impact. He also said he was delighted to work with Antler’s diverse and talented team of partners, advisors, founders, and portfolio companies. As an Antler board member, Fischer will provide strategic guidance and advice to Antler’s leadership team and portfolio companies. He will also leverage his network and connections to help Antler expand its presence and reach in new markets.
Fischer’s move from Meta to Antler shows that he is not afraid to take on new challenges and opportunities. He is also passionate about supporting the next generation of entrepreneurs who are building the future of technology.