May 8, 2022
2 mins read

What is the role of Parag Agrawal’s wife in Musk’s Twitter takeover?

Vineeta’s role as general partner at Andreessen Horowitz (a16z) is set to create a conflict of interest….reports Asian Lite News

Vineeta Agarwala, the wife of Twitter CEO Parag Agrawal, is now making headlines amid Elon Musk’s $44 billion takeover deal.

Her role as general partner at Andreessen Horowitz (a16z) — a top US VC firm which has agreed to pay $400 million as part of Musk’s new $7.1 billion financing commitments — is set to create a conflict of interest.

As a general partner at Andreessen Horowitz, she leads investments for the firm’s bio and health fund across therapeutics, life sciences tools/diagnostics, and digital health, with a focus on companies leveraging unique datasets to improve drug development and patient care delivery.

Andreessen Horowitz is also one of the biggest backers of Facebook (now Meta).

Prior to joining a16z, Vineeta held many different roles in the healthcare space.

She was a physician taking care of patients, an operator at healthtech startups and as a venture investor on the Google Ventures life sciences team.

She was an early data scientist at Kyruus, a management consultant for biotech, pharmaceutical, and medical device clients at McKinsey & Co; and a director of product management at Flatiron Health.

She has collaborated with academic researchers at Cold Spring Harbor Laboratory, Lawrence Livermore National Laboratory, and the Broad Institute, where she did graduate work in computational biology and human genetics.

Vineeta holds a Bachelor of Science in biophysics from Stanford University, and MD and PhD degrees from Harvard Medical School/MIT.

She continues to see patients at Stanford as an adjunct clinical professor in the Division of Primary Care and Population Health.

Vineeta serves on a number of portfolio company boards, including BigHat Biosciences, GC Therapeutics, Memora Health, Thyme Care, Pearl Health, and Waymark.

Parag studied BTech in Computer Science and Engineering at IIT Bombay and completed his PhD from Stanford University.

They have a son named Ansh and the couple is based in San Francisco, California.

Meanwhile, there are doubts over Parag’s future once Musk takes over, as the Tesla CEO himself can become a temporary CEO of the platform. According to reports, Musk may have also lined up a new Twitter CEO.

Parag is likely to receive nearly $39 million due to a clause in his contract once he leaves Twitter. His total compensation for 2021 was $30.4 million, largely in stocks.

ALSO READ: Musk denies Trump “encouraged” him to buy Twitter

Previous Story

Has Dharmachakra inspired Roma people’s movement?

Next Story

AAP not in Kerala fray this time

Latest from -Top News

Pakistan Faces Rising Uprisings

Officials warn that Pakistan cannot continue suppressing such protests by force indefinitely. A breaking point, they say, is inevitable — when the growing discontent converges into a major challenge for the establishment

UN Faces Crisis, Says Rajnath

Rajnath Singh said India recognises that the success of peacekeeping depends not only on numbers but on preparedness….reports Asian Lite News Defence Minister Rajnath Singh on Tuesday highlighted the urgent need for

UK to host summit on Gaza recovery plan

The three-day conference, beginning Monday afternoon, will take place at Wilton Park, the Foreign Office’s policy forum based in West Sussex The UK will host an international summit on the recovery and

India, Australia Begin AUSTRAHIND

The AUSTRAHIND exercise, which followed Defence Minister Rajnath Singh’s recent visit to Australia, reaffirmed the deepening defence cooperation between the two nations…reports Asian Lite News Strengthening the expanding defence partnership between India

‘Modi’s a Very Good Friend’: Trump

Trump’s remarks come days after Modi called him to congratulate on the “success” of the Gaza peace plan….reports Asian Lite News US President Donald Trump on Monday lauded India and described Prime
Go toTop

Don't Miss

Indian-American doctor leads mRNA vax trial for pancreatic cancer

According to Balachandran, mRNA vaccines could stimulate the immune system

US Congress Okays $770bn defence bill

The NDAA authorises $25 billion to increase Biden’s defense budget