As Meta’s chief revenue officer for 11 years, Fischer Facebook’s inputs played a crucial role in the company’s marketing growth. He was responsible for scaling up its advertising revenue from a small base to a huge one that caters to over 200 million businesses worldwide.
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. 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 does Antler do and why did it want Fischer on its board? Antler is a venture capital firm that also operates as a startup studio. It helps entrepreneurs build and scale their businesses from scratch by providing them with 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 impressed by Antler’s vision of empowering entrepreneurs to solve real problems and create positive impact. He also said he was excited 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 use his network and connections to help Antler grow 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.