Former Bond Street CEO and founder David Haber has joined Andreessen Horowitz (a16z) as a General Partner – becoming the first full-time GP based in Manhattan.
Bond Street, once an independent online lender for SMEs, the Fintech was acquired by Goldman Sachs in 2017 with Haber joining Goldman to help guide the investment bank into the digital future of lending.
According to a statement by a16z, they are incredibly bullish on the Fintech sector, including crypto, and Haber will be part of the focus of investing in this sector.
The VC stated:
“It’s rare to find an established investor, entrepreneur, and executive in one, much less one so deeply rooted in the NYC ecosystem. Only rarely, if ever, do I encounter a Fintech entrepreneur who does not know David. We are excited to have him at the firm to help mentor and invest in the next generation of entrepreneurs as more and more areas of finance get eaten by software.”