Steve Jurvetson Quits Venture Capital Organization Amid Sexual Harassment Inquiry

Steve Jurvetson, a founding partner of 1 of the best-known capital raising firms on Silicon Valley and a panel member of Tesla and SpaceX, is going to be leaving the firm after it began a sexual harassment investigation, the firm told investors on Tuesday.

“As of today and by mutual agreement, Steve Jurvetson will come to be leaving DFJ,” said a good confidential letter delivered to investors in the capital raising organization, Draper Fisher Jurvetson, and obtained by The New York Times.

It continued, “DFJ’s culture has been, and can continue to be, built on the values of respect and integrity in all of our interactions.”

The firm’s spokeswoman, Carol Wentworth, confirmed his departure.

Last month, the strong said it became alert to “indirect and secondhand allegations” about Mr. Jurvetson in the summer and was looking at them.

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On Twitter, Mr. Jurveston wrote, “I am leaving DFJ to focus on personal issues, including taking legal action against those whose fake statements possess defamed me.”

The investigation became public previous month when Keri Kukral, a tech entrepreneur, wrote on Facebook: “Females approached by a founding partner of Draper Fisher Jurvetson ought to be careful. Predatory patterns is rampant.”

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Last month, Heidi Roizen, an functioning partner at DFJ, defended the strong. “I don’t need an investigation to state with certainty that is patently wrong,” she wrote in a Tumblr content. She added that the organization had never received an official allegation of misconduct.

Read more on: http://nytimes.com