From Meta to VC: David Fischer’s Career Transition
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.
In 2021, David Fischer California announced his departure from Meta, explaining that he had grown the business to a point where he could look for other challenges. He also said he wished to take a break and enjoy more time with his family. His break was brief though. Not long after quitting Meta, he was reached out by Antler, a Singapore-founded venture capital firm and startup studio. Antler’s founder and CEO, Magnus Grimeland, had attended Harvard with Mark Zuckerberg and had known Fischer via Larry Summers, the former U.S. Treasury Secretary who Fischer had worked for in the 90s.
Antler offered Fischer a seat on its board of directors, where he would join other notable people such as Summers himself, B Capital Group vice chairman Sheila Patel, and hedge fund manager Nancy Zimmerman. Fischer agreed to the proposal and became an Antler board member in early 2022. What is Antler’s mission and what attracted it to Fischer? Antler is a venture capital firm that also acts as a startup studio. It supports entrepreneurs in creating and growing their businesses from zero by giving them funding, mentorship, network access, and talent matching.
Antler has operations in 16 locations across Asia Pacific, Europe, and North America. It has invested in over 300 startups since its inception in 2017, across various sectors such as fintech, healthtech, edtech, e-commerce, and more. Antler was interested in Fischer for its board because of his vast experience and expertise in marketing and scaling businesses globally. Fischer has a solid record of building and leading teams, creating innovative products and solutions, and driving revenue growth for Meta and other companies he has worked with.
Fischer said he was amazed by Antler’s vision of empowering entrepreneurs to solve real problems and create positive impact. He also said he was thrilled 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.