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Aug 6, 2018

Venture capital: The bad apples

All week we’re looking at venture capital and the people who control that wealth. We start with the industry’s very culture. In November, venture capitalist Steve Jurvetson of Draper Fisher Jurvetson left that firm following allegations of inappropriate behavior and an internal investigation. The company said he left by mutual agreement. Ellen Pao is a venture capitalist who sued another well-known firm, Kleiner Perkins Caufield and Byers, for gender discrimination in 2012. She lost the case, but it inspired other women to come forward. We revisit Marketplace Tech host Molly Wood’s conversation with Pao about how her public battle shined a light on venture capital’s culture. (08/06/2018)

Ellen Pao, the interim CEO of Reddit, sued her former employer, Silicon Valley venture capital firm Kleiner Perkins Caulfield and Byers, for $16 million, alleging she was sexually harassed by male officials.
Ellen Pao, the interim CEO of Reddit, sued her former employer, Silicon Valley venture capital firm Kleiner Perkins Caulfield and Byers, for $16 million, alleging she was sexually harassed by male officials.
Justin Sullivan/Getty Images

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All week we’re looking at venture capital and the people who control that wealth. We start with the industry’s very culture. In November, venture capitalist Steve Jurvetson of Draper Fisher Jurvetson left that firm following allegations of inappropriate behavior and an internal investigation. The company said he left by mutual agreement. Ellen Pao is a venture capitalist who sued another well-known firm, Kleiner Perkins Caufield and Byers, for gender discrimination in 2012. She lost the case, but it inspired other women to come forward. We revisit Marketplace Tech host Molly Wood’s conversation with Pao about how her public battle shined a light on venture capital’s culture. (08/06/2018)