Famed venture capitalist Steve Jurvetson is leaving his job in Draper Fisher Jurveston on the wake of an investigation into sexual harassment.
DFJ announced the move around in a letter to small partners on Mon. The firm released a affirmation to Recode that go through:
Currently and by mutual agreement, Steve Jurvetson will get leaving DFJ. DFJ’s customs has been, and will continue to be, built on the values of respect and integrity in every of our interactions. We happen to be focused on the achievement of our portfolio firms, as well as the long-term eyesight for the firm and will continue to operate with the highest professional standards.
The departure comes as Jurvetson, among the highest profile entrepreneurs on Sand Hill Road, was being investigated by his own firm for harassment. An entrepreneur had alleged predatory habit was “rampant” at DFJ. The girl, Keri Kukral, didn’t brand Jurvetson in her Facebook post.
DFJ responded at the time that it had never received such a good complaint from any of its partners or investors. “Earlier come early july we became aware of indirect and second-hand allegations about one spouse, Steve Jurvetson,” a DFJ spokeswoman said. “We immediately opened an unbiased investigation, which is ongoing at this time.”
Jurvetson currently sits on the boards of SpaceX and Tesla.
-By Theodore Schleifer, Recode.net.
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