Friday, 17 November, 2017

Steve Jurvetson is leaving his VC firm amid misconduct allegations

Steve Jurvetson David Paul Morris | Bloomberg | Getty Images Steve Jurvetson
Conrad Doyle | 14 November, 2017, 19:25

Steve Jurvetson, a partner at a major Silicon Valley venture capital firm that bears his name-Draper Fisher Jurvetson-has left the company amid accusations of sexual harassment.

While the letter reportedly did not mention why Jurvetson is leaving, Recode cites sources saying the investigation found instances in which Jurvetson behaved in an unacceptable way toward female entrepreneurs.

Jurvetson joined the board of Tesla in 2006 and the board of SpaceX in 2009.

In the past week, a single Facebook post also accused DFJ of having a culture that is predatory to women.

Neither Kukral, DFJ, nor Jurvetson immediately responded to Ars' request for comment.

Jurvetson took to Twitter to confirm that he's leaving DFJ and also to say that he's preparing "legal action against those whose false statements have defamed me".

Jurvetson is also taking a leave of absence from his board positions at aerospace company SpaceX and electric auto maker Tesla, "pending resolution of these allegations", a Tesla (tsla) spokesperson told Fortune in an email.

In our entire history, DFJ has never received an official complaint alleging misconduct by anyone on our team.

"Silencing behavior ranges from security (within) the firm creating files on women, to potential violations of revenge porn laws, to grotesque threats", she wrote.

One of the firm's partners, Heidi Roizen, wrote in a blog post titled "The Truth about DFJ" denying that the company had a "predatory" culture towards women.

"That said, during the summer this year, we heard about allegations of misconduct by one (and only one) of our partners from a third party", she continued. "Including me", Roizen wrote.

In August, USA Today reported the company was investigating sexual harassment allegations against Jurvetson.

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