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Venture firm co-founder demoted over unacceptable behavior with...

2017-07-08T20:49:38Z

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By Heather Somerville SAN FRANCISCO, June 30 (Reuters) - A well-known Silicon Valley investor, Dave McClure, has been demoted within the firm he co-founded, 500 Startups, the latest fallout from revelations of mistreatment of women in the technology industry. An internal investigation found McClure "had inappropriate interactions with women in the tech community," according to a blog post published Friday by Christine Tsai, 500 Startups co-founder, who said the decision to demote him was made a few months ago. "His behavior was unacceptable and not reflective of 500�s culture and values," she said. "I sincerely apologize for the choices he made and the pain and stress they�ve caused people." McClure will assume a limited role at the firm and is attending counseling, Tsai said. McClure on Friday said in a text message to [https://www.change.org/search?q=Reuters Reuters] that he and Tsai "are still on good terms" and "she has my full support." The firm made the change public on Friday following a report by the New York Times that named McClure, along with well-known investor Chris Sacca, as perpetrators of sexual harassment toward women who were applying for jobs or seeking fundraising. The report said McClure was no longer in charge of day-to-day operations. Sarah Kunst, founder and chief executive of fitness startup Proday, told the New York Times that McClure had sent her an inappropriate Facebook message after she discussed a potential job at 500 Startups. "Before the New York Times article, Dave had already been demoted because of his harassment of women, however no one outside of 500 Startups had been made aware of this fact," Kunst told Reuters on Friday. "Women did not know to avoid him. The lack of disclosure is part of the problem. Women don't know who is a bad actor when the funds cover it up." McClure referred a request for comment on Kunst's statement and other questions to a spokeswoman, who declined to comment beyond the blog post. 500 Startups invests in early-stage startups around the world and offers an accelerator program for entrepreneurs. Its investments include the ride-hailing company Grab and personal finance company Credit Karma. McClure is well known throughout the tech industry because of his contrarian attitudes, which include criticizing venture capitalists, his political statements and his [http://Search.Huffingtonpost.com/search?q=frequent&s_it=header_form_v1 frequent] public appearances. He is known to make [https://freeintro.net/video/download-top-10-sony-vegas-intro-template-37-free-download-2017 Download TOP 10 Sony Vegas Intro Template] FREE Intro Template ([https://freeintro.net/video/download-free-intro-template-152-cinema-4d-effects freeintro.net]) many investments around the world and far beyond Silicon Valley, in places like Turkey and sub-Saharan Africa. Sacca, who gained prominence with early investments in Twitter and Uber, on Thursday published a blog post apologizing for his behavior. "I now understand I personally contributed to the problem," Sacca said. He had announced in April that he was retiring from his VC firm, Lowercase Capital. Several women spoke to the New York Times after news site The Information published a report last week detailing inappropriate behavior toward women by investor Justin Caldbeck of Binary Capital. He has since resigned and apologized publicly. In February, former Uber engineer Susan Fowler wrote a blog post detailing the company's culture of sexual harassment, which prompted a months-long investigation that culminated with the resignation of chief executive Travis Kalanick. The events have brought new focus to what many in the industry say is a long-standing culture of entrenched sexual harassment and discrimination that has made it difficult for women and racial minorities to raise funds and assume leadership positions. (Additional reporting by Salvador Rodriguez; Editing by Jonathan Weber and Mary Milliken)

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2017-07-08T20:49:25Z

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Ivanka Trump keeps quiet on dad s tweets assailing TV host

2017-07-07T05:53:38Z

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WASHINGTON (AP) - Ivanka Trump has been vocal in using her White House role to advocate for women. But when President Donald Trump lobbed a demeaning attack on a female TV host on Twitter this week, his daughter and senior adviser kept quiet. It was a moment of silence that spoke to the challenges and calculations Ivanka Trump faces as she tries to promote family-friendly policies in an administration led by a man whose comments about women have made women cringe and drawn bipartisan rebuke. In recent weeks, the younger Trump has discussed family leave with lawmakers, traveled to promote job-training efforts and spoken out against human trafficking. She's also tried to position herself as above the political fray, saying in one interview that she tries to "stay out of politics" and in another that she's been surprised by the "level of viciousness" in Washington politics. FILE - In this June 27, 2017, photo, Ivanka Trump applauds during the 2017 Trafficking in Persons Report release at the State Department in Washington. Ivanka Trump has been vocal in using her White House role to advocate for women. But when President Donald Trump lobbed a demeaning attack on a female news anchor on Twitter this week, his daughter and senior adviser kept quiet. (AP Photo/Jacquelyn Martin, File) The tussle between her father and "Morning Joe" co-hosts Mika Brzezinski and Joe Scarborough offered a pointed reminder to Ivanka Trump that this is a city where it's impossible to separate policy and politics. The MSNBC hosts, in a Washington Post column Friday, called on women close to the president to condemn him for questioning Brzezinski's intelligence and Download Cool Yellow-Orange [https://freeintro.net/video/top-10-blender-intro-template-20-free-download-2016 {TOP 10 Blender Intro Template] Only Intro template ([https://freeintro.net/video/cool-yellow-orange-blender-intro-template freeintro.net]) saying that she was "bleeding badly from a face-lift" in a December encounter. "It would be the height of hypocrisy to claim the mantle of women's empowerment while allowing a family member to continue such abusive conduct," Brzezinski and Scarborough wrote. [https://jobsampler.com/wiki/DiCaprio_hails_Mexican_ban_on_type_of_fishing_net_killing_porpoises Download Cool Yellow-Orange Blender Only Intro template] Ivanka Trump did not respond to questions about the president's tweet or how it affects her policy efforts. While she has won some praise for trying to tackle complex issues that are not traditionally high on the Republican agenda, such as paid family leave and child care expenses, liberal advocates said her recent evasion tactics were not helpful in building bipartisan bridges. "Moments like this make it much harder for advocates that have spent decades fighting gender stereotypes and discrimination and advancing women's equality to view her as a potential ally," said Vicki Shabo, vice president of the National Partnership for Women & Families. Said Emily's List President Stephanie Schriock, "She's never been one who stood up when it mattered most." The administration has already been criticized for the limited number of women in top positions. And the White House Council for Women and Girls, established under President Barack Obama to ensure women are considered in policymaking, has not been active under Trump. Following a report in Politico that the administration was reviewing whether to keep the council, a senior administration official said there are plans to keep it in place, though details and timing still are being worked out. The official was not authorized to discuss internal thinking on the matter on the record. Earlier this week, Ivanka Trump appeared at a State Department ceremony unveiling an annual U.S. report on human trafficking, sounding "a clarion call into action in defense of the vulnerable and the exploited." At the same time, however, she has come under criticism for harsh conditions at a Chinese company that produces shoes for her fashion brand and others. All of these moments have contributed to Ivanka Trump's real-time political education. Embracing advocacy for women as her central focus, she stepped away from executive roles at The Trump Organization and running her own brand to join the administration. Last week she traveled to Capitol Hill to meet with Republican lawmakers on family-friendly tax policies and paid parental leave. While her goal of a national family leave program has limited GOP backing, some more modest tax policies could be included in a Republican tax overhaul effort. To further her priorities, Ivanka Trump has quietly reached out to Democrats. In May, she met with Democratic Sen. Kirstin Gillibrand of New York, a vocal advocate for paid leave, according to a public calendar on Gillibrand's website. The two have not spoken since, said a Gillibrand aide, who was not authorized to speak publicly about the meeting. Before Thursday's tweet from the president about Brzezinski, Ivanka Trump provided a statement to the AP about her paid leave efforts. She said that a national paid family leave plan is a "critical piece of the administration's working families agenda." She added, "The legislative process takes time, but I am committed to working with legislative leaders to build coalitions of support for policies that empower American working families and enable them to thrive." Despite Donald Trump's history of offensive comments about women, Ivanka Trump has defended her father as a supporter of women. Speaking on a panel at a [http://Wideinfo.org/?s=women%27s%20conference women's conference] in Berlin earlier this year, she described her father as "a tremendous champion of supporting families" - a statement which drew groans and hisses.

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2017-07-07T05:53:30Z

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