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Menlo Ventures Adds Playspan Founder Karl Mehta As Its Newest Partner

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http://techcrunch.com – Menlo Ventures said today that Karl Mehta, the tech entrepreneur perhaps best known for founding virtual goods monetization startup PlaySpan and leading it as CEO through its $190 million sale to Visa, has joined the Silicon Valley venture capital firm as a partner. According to Mehta’s LinkedIn, he stayed on at Visa as the CEO of PlaySpan for two years post-deal, leaving the company just last month. In his new role, Mehta will focus on investments centered in financial services, mobile payments, e-commerce, and gaming — no surprise, given his background. He has a solid history wit (IT news)