Venture Capital’s Harassment Problem


The NewCo Daily: Today’s Top Stories


Last week The Information posted a story detailing multiple incidents in which a venture capitalist named Justin Caldbeck of Binary Capital made sexual advances upon female entrepreneurs his firm was investing in (or considering investing in) — six incidents documented in total, three in which the accusers went on the record with their names.

It’s hardly a shock to learn that such things happen in the clubby, male-dominated VC industry, which has had its share of gender-related scandals over the years. But it’s a clear sign that the business of funding the future is in serious need of self-examination and reform.

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