During his address at the NVCA Leadership Gala & Summit as the incoming Chair of the NVCA Board of Directors, Venky Ganesan of Menlo Ventures discussed his priorities for the year ahead. In addition to creating a more inclusive venture capital industry, Venky said his main priority for his term as Chair is to shine a spotlight on entrepreneurial ecosystems beyond the mature, well-established giants of San Francisco, New York and Boston.
One such ecosystem that deserves more attention is the state of Utah. Known for its national parks, the Great Salt Lake and some of the best powder skiing on the planet, the Beehive State is the perfect example of an entrepreneurial ecosystem quietly on the rise. In fact, in 2015 Utah ranked 11th in venture dollars deployed, and its 55 deals last year marked the most since 2000. Read more