Home NEWS Technology Steve Jurvetson Quits Venture Capital Firm Amid Sexual Harassment Inquiry

Steve Jurvetson Quits Venture Capital Firm Amid Sexual Harassment Inquiry

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Steve Jurvetson, a founding partner of one of the best-known venture capital firms in Silicon Valley and a board member of Tesla and SpaceX, is leaving the firm after it began a sexual harassment investigation, the firm told investors Monday.

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

It continued, “DFJ’s culture has been, and will 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 firm said it became aware of “indirect and secondhand allegations” about Mr. Jurvetson in the summer and was looking into them.

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

The investigation became public last month when Keri Kukral, a tech entrepreneur, wrote on Facebook: “Women approached by a founding partner of Draper Fisher Jurvetson should be careful. Predatory behavior is rampant.”

Photo

The venture capitalist Steve Jurvetson speaking in Helsinki in 2016.

Credit
Rex Features, via Associated Press Images

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

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