Project A Expands Management Team

Open Letter from our Founding Partners
Dear all,

Today we have one important announcement to make:
We are very happy and excited that we have successfully completed our management team by bringing two new General Partners on board: Dr. Anton Waitz and Benjamin Fischer.

In his previous role, Anton was Managing Director of Axel Springer Digital Ventures in Palo Alto and New York. We have known Anton for about 4 years and believe he will make an excellent addition to our team. In particular, with the experience he has gathered over the last 2.5 years, when he was involved in building the Axel Springer venture/digital investment business in the US and led several early stage investments during that time, Anton will enhance our investment competences and expand our US network.

Ben was Group CFO of Quandoo where he built-up the central functions for Finance/Legal, Business Intelligence and HR and was a key member of the global management team. Prior to that he was a Partner at Bain & Company with a strong focus on helping Private Equity clients during commercial due diligence and post acquisition value creation. We have known Ben for 20 years – back from business school – and believe that he will complement our team perfectly. Ben will help us to broaden our management bandwidth in investment diligence, running our company builder operations, coaching our portfolio companies in growth stage, as well as supporting on the exit management and investors network/fundraising side.

With Anton and Ben joining our management team, Christian Weiss will be stepping down as Managing Director and will switch to a non-operational/advisory role as Venture Partner. Thereby, we will ensure a smooth transition of responsibilities. We are very grateful for Christian’s contribution to starting and developing Project A over the last four and half years and look forward to continue working with him as a venture partner.

Anton and Ben will take on their new roles on Oct. 1, 2016 and Dec. 1, 2016, respectively.

Best regards,
Thies, Uwe and Florian

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