Bond Avenue Founder David Haber Joins Andreessen Horowitz as GP

Former Bond Avenue CEO and founder David Haber has joined Andreessen Horowitz (a16z) as a Common Companion – turning into the primary full-time GP based mostly in Manhattan.

Bond Avenue, as soon as an unbiased on-line lender for SMEs, the Fintech was acquired by Goldman Sachs in 2017 with Haber becoming a member of Goldman to assist information the funding financial institution into the digital way forward for lending.

In accordance with a press release by a16z, they’re extremely bullish on the Fintech sector, together with crypto, and Haber will likely be a part of the main focus of investing on this sector.

The VC said:

“It’s uncommon to search out a longtime investor, entrepreneur, and government in a single, a lot much less one so deeply rooted within the NYC ecosystem. Solely hardly ever, if ever, do I encounter a Fintech entrepreneur who doesn’t know David. We’re excited to have him on the agency to assist mentor and spend money on the subsequent era of entrepreneurs as increasingly more areas of finance get eaten by software program.”