Everand Logo

Welcome to Everand!

  • Los Angeles Times

    As harassment scandal reaches tech industry, startups look for ways to check bad behavior

    by Tracey Lien, Los Angeles Times Nov 27, 2017 4 minutes

    Venture capitalists have long had godlike status in the tech industry.

    Founders venerate them because they need their money. Limited partners eagerly throw billions of dollars their way, enamored by their outsize investment returns.

    But now, after allegations of sexual harassment and misconduct have led to the resignations of Justin Caldbeck of Binary Capital and Dave McClure of 500 Startups, and the dismissal of Steve Jurvetson of DFJ, the industry's once-celebrated kingmakers are facing pressure from founders and limited partners to clean up their act.

    "There's so little transparency in venture capital," said Kiki Mwiti, the Bay Area founder of tech startup Globerly,

    You’re reading a preview, subscribe to read more.

    More from Los Angeles Times

    Los Angeles Times4 min readSocial History
    Jackie Calmes: Donald Trump's Terrible, Horrible, No Good, Very Bad Second Term
    Millions of us are justifiably focused on seeing that Donald Trump is held to account for what he's allegedly done in the past. Scheming to flip the legitimate 2020 election result and resisting the peaceful transfer of power, a first for U.S. presid
    Los Angeles Times3 min readAmerican Government
    Lawmakers Grill California Gov. Officials On Homelessness Spending After Audit Causes Bipartisan Frustration
    LOS ANGELES — Democrats and Republicans expressed frustration Monday as they grilled Gov. Gavin Newsom's top housing officials in a tense legislative hearing about how billions of state dollars have been spent on the worsening homelessness crisis. T
    Los Angeles Times4 min read
    Commentary: What A Quail Taught Me About Grief By Joining A Flock Of Turkeys
    It’s dusk in spring, and the seven-year anniversary of my mother’s death from cancer is approaching, a death that marked the end of my biological family. I want to text my friend Margot, who lost her dad to AIDS in the spring years ago, and ask, “How

    Related Books & Audiobooks