Private Equity

NVCA taps Menlo Ventures’ Venky Ganesan as chairman

Incoming chairman says industry is now about more than just the two US coasts

Venture capital isn’t just about the coasts anymore, if Venky Ganesan has any say.

Ganesan, managing director of Menlo Ventures, was named chair of the National Venture Capital Association board of directors Thursday. He said that highlighting venture capital communities outside of its well-known centers in New York, Boston and the Bay Area would be his first priority.

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