logo
NVCA Appoints Vineeta Agarwala as New Board Chair

NVCA Appoints Vineeta Agarwala as New Board Chair

Yahoo05-06-2025
WASHINGTON, June 5, 2025 /PRNewswire/ -- Today, the National Venture Capital Association (NVCA) announced that Vineeta Agarwala, MD, PhD, General Partner at Andreessen Horowitz, will serve as the Chair of the NVCA Board of Directors for the 2025-2026 term.
"Vineeta brings a powerful perspective as both a venture investor and physician — someone who understands firsthand how innovation plays out in the real world, and how policy can accelerate or obstruct it," said NVCA President and CEO Bobby Franklin. "Her experience at the forefront of tech and investing gives her a lens on how smart policy and long-term capital can enable American startups. At a time when policy and innovation are deeply intertwined, she'll help NVCA champion a policy environment where innovation can continue to flourish."
"As AI and technology reshape every sector — from healthcare and energy, to education and infrastructure — the role of venture capital has never been more critical," said Vineeta Agarwala. "As NVCA Board Chair, I'm honored to help bridge innovation and impact by working with investors, startup founders, and policymakers to ensure that the U.S. remains the best and most competitive environment to build the future."
Agarwala succeeds Byron Deeter, Partner at Bessemer Venture Partners.
"What set him apart was his deep interest in how policy shapes venture capital—and his determination to ensure our industry is fully engaged and impactful. Under his leadership, the board traveled to D.C. more in pursuit of building strong relationships with policymakers and reinforcing the critical connection between entrepreneurship and national competitiveness," said Franklin.
NVCA also announced the appointment of eight new directors to its Board of Directors, each of whom will serve a four-year term from 2025-2029:
Adam D'Augelli, True Ventures
Alex Doll, Ten Eleven Ventures
Alyssa Jaffee, 7wire Ventures
Andrew Adams, Oak HC/FT
Amy Wu Martin, Menlo Ventures
Graham Brooks, .406 Ventures
Navid Farzad, Frist Cressey Ventures
Sandy Grippo, Bessemer Venture Partners
The National Venture Capital Association (NVCA) empowers the next generation of American companies that will fuel the economy of tomorrow. As the voice of the U.S. venture capital and startup community, NVCA advocates for public policy that supports the American entrepreneurial ecosystem. Serving the venture community as the preeminent trade association, NVCA arms the venture community for success, serving as the leading resource for venture capital data, practical education, peer-led initiatives, and networking. For more information about NVCA, please visit www.nvca.org.
View original content to download multimedia:https://www.prnewswire.com/news-releases/nvca-appoints-vineeta-agarwala-as-new-board-chair-302474653.html
SOURCE National Venture Capital Association
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

China calls for the creation of a global AI organization
China calls for the creation of a global AI organization

Engadget

time7 minutes ago

  • Engadget

China calls for the creation of a global AI organization

China wants to work with other countries and has laid out its plans for the global governance of artificial intelligence at the World Artificial Intelligence Conference (WAIC) in Shanghai. Li Qiang, the country's premier, warned about "technological monopolies" and said that AI could become "an exclusive game for a few countries and companies." As such, he proposed the creation of a "world AI cooperation organization" during the event. Li didn't specifically mention the United States when he talked about monopolies, but the US restricts AI chip exports to his country. NVIDIA had to develop chips that are only meant for China and conform to export rules so it wouldn't lose the Chinese market completely. Meanwhile, Chinese companies like Huawei are developing their own AI systems to make up for China's lack of access to more advanced AI chips from American firms. Li also made the statement a few days after the Trump administration revealed its AI Action Plan, which seeks to limit state regulation of AI companies and which aims to ensure that the US can beat China in the AI race. The Chinese premier said his country would "actively promote" the development of open source artificial intelligence and that China is "willing to provide more Chinese solutions to the international community" when it comes to AI. He also said that his country was eager to share AI technologies with developing countries in the global south. "Currently, overall global AI governance is still fragmented. Countries have great differences, particularly in terms of areas such as regulatory concepts [and] institutional rules," Li said. "We should strengthen coordination to form a global AI governance framework that has broad consensus as soon as possible."

Would a weaker dollar be a good thing for the US?
Would a weaker dollar be a good thing for the US?

The Hill

time2 hours ago

  • The Hill

Would a weaker dollar be a good thing for the US?

The strength of the U.S. dollar influences trade, inflation and investment, but as President Trump noted Friday, the currency's power comes with trade-offs. 'I'm a person that likes a strong dollar, but a weak dollar makes you a hell of a lot more money,' Trump told reporters Friday. The president added that a strong dollar helps keep inflation in check and feels good psychologically, but argued, 'You can't sell anything.' His mixed messaging highlights tension policymakers have long grappled with: There isn't a simple connection between the strength of a country's currency and the strength of its economy. On one hand, a strong dollar makes imported goods cheaper for American consumers, but on the other, a weaker dollar makes U.S. products more competitive abroad, benefiting exporters. What does it mean when the dollar is strong vs. weak? The dollar is considered strong when it rises in value against other currencies, as measured by the exchange rate. If a dollar can buy more of another currency than before, that means it's getting stronger relative to that currency. Tourists notice this when traveling abroad and exchanging money. Earlier this year, the U.S. dollar and the euro were nearly at parity, or worth practically the same. Today, $1 is worth about 0.85 euros, meaning Americans visiting Italy will notice they get fewer euros in exchange for their dollars than just a few months ago. In that sense, the dollar has weakened relative to the euro. But the value of the U.S. dollar — and other currencies — is constantly changing due to supply and demand, shaped by factors like monetary policy, inflation and investor sentiment. The dollar has been weakening recently, falling more than 10 percent in the first half of the year when compared to a basket of currencies from major U.S. trading partners. The last time the dollar weakened this much at the start of the year was 1973, according to The New York Times. What are the advantages of a strong dollar? American tourists get more value for their money abroad when the dollar is strong, but you don't have to leave the country to experience the upside. One of the main benefits is that it lowers the cost of imports, making foreign products cheaper for consumers. But shoppers buying Mexican tequila and Canadian maple syrup aren't the only ones who come out ahead — a strong dollar also lowers input costs for businesses that rely on imports, easing inflationary pressures. A U.S. automaker importing parts from Mexico would pay fewer dollars for the same peso-priced components when the dollar strengthens against the peso. Lower input costs for U.S. companies put pressure on foreign competitors to cut prices to stay competitive, another potential win for American consumers. More broadly, as the world's primary reserve currency, a strong dollar projects global confidence and reinforces trust in the U.S. financial system. It's often seen as a sign of economic strength. 'When we have a strong dollar, one thing happens — it sounds good,' Trump told reporters Friday. What are the disadvantages of a strong dollar? A strong dollar can hurt American exporters because it makes U.S. goods more expensive in foreign markets. Boeing, for example, exports large numbers of aircraft globally, and when the U.S. dollar strengthens, those planes become more expensive to foreign buyers paying in other currencies. American firms that don't export can also feel the pinch, as they often compete with imports. A strong dollar can make it harder for Made-in-the-USA products to hold their own against cheaper goods from abroad. 'You can't sell tractors, you can't sell trucks, you can't sell anything,' Trump said of a strong dollar on Friday. 'It is good for inflation, that's about it.' While a strong dollar tends to ease U.S. inflationary pressures, it also intensifies inflation abroad — a dynamic that, in today's interconnected global economy, can ultimately be bad for business. Another point: A strong dollar raises the cost of visiting the U.S., which can dampen tourism. In the end, the strength of the dollar is a balancing act, with trade-offs that ripple across the global economy. Whether it helps or hurts depends on where you sit and what you're trying to sell.

Comfort Systems USA Second Quarter 2025 Earnings: Beats Expectations
Comfort Systems USA Second Quarter 2025 Earnings: Beats Expectations

Yahoo

time2 hours ago

  • Yahoo

Comfort Systems USA Second Quarter 2025 Earnings: Beats Expectations

Comfort Systems USA (NYSE:FIX) Second Quarter 2025 Results Key Financial Results Revenue: US$2.17b (up 20% from 2Q 2024). Net income: US$230.8m (up 72% from 2Q 2024). Profit margin: 11% (up from 7.4% in 2Q 2024). The increase in margin was driven by higher revenue. EPS: US$6.54 (up from US$3.75 in 2Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Comfort Systems USA Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 37%. Looking ahead, revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Construction industry in the US. Performance of the American Construction industry. The company's shares are up 24% from a week ago. Risk Analysis It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Comfort Systems USA, and understanding it should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Melden Sie sich an, um Ihr Portfolio aufzurufen.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store