Karl Mehta Venture Partner - Menlo Ventures Karl Mehta, 42, of Fremont, has been appointed to the California Workforce Development Board. Mehta has been a venture partner at Menlo Ventures since 2013 and was founder and chief executive officer at Playspan from 2007 to 2012. He has been an advisory board member at the Ralph W. Leatherby Center for Entrepreneurship and Business Ethics at Chapman University, and Simpa Networks board of directors member since 2012. Mehta has been a White House Presidential Innovation Fellow for the 20 Percent Initiative since 2012 and has been an Intel Capital advisory board member since 2011. This position does not require Senate confirmation and the compensation is $100 per diem. Mehta is a Democrat.