David Morganthaler Speaks at BW
March 23, 2006
Strosacker Student Union, Ballroom
Mr. Morgenthaler spoke to the BW community on his perspective regarding regional economic development. He focused on the importance of creating jobs, which is achieved by exporting goods and services to create wealth within the region and attract investment. He discussed how the region must change to create job and promote economic growth by improving education and by focusing on technology based industries such as health care services, medical products, nanotechnology, fuel cells and alternative energy.
David Morgenthaler is the founder of Morgenthaler Ventures, a 35 year old venture capital mega fund with over $2 billion under management. David has served as a Director, Chairman, or President of more than 30 companies, and over the last 37 years he has built a national reputation for industry leadership and value-added venture capital investing.
He served from 1977 to 1979 as the President and then Chairman of the National Venture Capital Association (NVCA). In 1998, he received the first Lifetime Achievement Award by the NVCA for his work in venture capital and has been inducted into The Private Equity Analysts Venture Capital Hall of Fame.
He was an Advisor to the Brentwood Associates Funds, a Limited Partner of Hambrecht & Quist, and Vice Chairman of the Edison Biotechnology Institute. He is serving or has served as a Trustee of The Cleveland Clinic Foundation, a Member of the Visiting Committee of Carnegie Mellon University, the Sloan School of The Massachusetts Institute of Technology, the Weatherhead School of Business at Case Western Reserve University, and a trustee of various philanthropic organizations.
He served as the first Senior Vice President-International for the Young Presidentsí Organization and as President of the Chief Executives Organization. He is a member of the Presidentís Circle of the National Academies of Science and Engineering, and a member of the Board of Science, Technology and Economic Policy of the National Academies. From 1957 until 1968, Dave was CEO of Foseco, Inc., manufacturer of specialty chemicals financed by J.H. Whitney & Co.
Earlier in his career, Dave was a member of the management team of several young growth companies. He received both a BS and a MS degree in mechanical engineering from the Massachusetts Institute of Technology in 1941.