Report: Sexual misconduct allegations hamper VC's fundraising efforts

Favicon Business Journal

Fred Destin, a former partner at Atlas Venture for over a decade, is having trouble raising money for a new independent $100 million fund due to scrutiny of an incident with a female founder that occurred while both were attending the Nantucket Conference in 2013, according to a report from Bloomberg. It's the latest in a string of accusations against male venture capitalists for misusing their professional power to make sexual advances on female founders. Binary Capital's Justin Caldbeck and 500...

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