This week, venture capitalist Steve Jurvetson left his own firm, Draper Fisher Jurvetson, amid allegations of inappropriate conduct that led to an internal investigation. The company said he left by mutual agreement.
This has happened before at other firms. Ellen Pao is a venture capitalist who sued well-known firm Kleiner Perkins Caufield & Byers for gender discrimination in 2012. She lost the case, but it inspired women who said they had dealt with similar situations to come forward. Marketplace Tech's Molly Wood talked with Pao, now with Kapor Capital, and the author of the new book "Reset," about how the culture of venture capital can affect the entire tech ecosystem. Below is an edited excerpt of their conversation.