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Mar 27, 2015

Jury clears Kleiner firm in Silicon Valley gender bias case

SAN FRANCISCO (Reuters) – A California jury cleared venture capital firm Kleiner, Perkins, Caufield and Byers of gender discrimination in a high profile lawsuit brought by female former partner Ellen Pao.

The jury decided that gender was not the reason Kleiner did not promote Pao, and that it did not retaliate against her by terminating her.

Mar 27, 2015

Jury has reached a verdict in Silicon Valley discrimination trial

SAN FRANCISCO, March 27 (Reuters) – A California jury has
reached a verdict in a high profile gender discrimination
lawsuit brought by former Kleiner, Perkins, Caufield and Byers
partner Ellen Pao against the venture capital firm, a court
official said on Friday.

The verdict will be read at 2 p.m. PT (5 p.m. ET) in San
Francisco Superior Court in a case that helped spark a broad
discussion about sexism in Silicon Valley.

Mar 27, 2015

Amid trial, Kleiner Perkins recruits next generation of partners

SAN FRANCISCO (Reuters) – For the past month, the name most associated with venture capital firm Kleiner Perkins Caufield & Byers is former partner Ellen Pao, who took the firm to trial for gender discrimination and retaliation.

Now the company is searching for new names, at a more intense level than is typical in venture capital, leaders who will take over the firm in coming years as current partners retire.

Mar 25, 2015

Silicon Valley gender trial enters final stages

SAN FRANCISCO (Reuters) – Dollar signs rather than discrimination drove a former partner at venture-capital firm Kleiner Perkins Caufield & Byers to file her gender discrimination suit, a lawyer for the firm told jurors Tuesday in the high-profile trial.

“The complaints of Ellen Pao were made for only one purpose,” said Lynne Hermle, a lawyer for Kleiner Perkins, in her closing arguments in San Francisco Superior Court. “A huge payout for Team Ellen.”

Mar 24, 2015

Kleiner run “like a boys club,” Pao attorney tells jurors

SAN FRANCISCO, March 24 (Reuters) – A former partner at
venture capital firm Kleiner Perkins Caufield & Byers was judged
by a different standard than male colleagues, her attorney told
jurors on Tuesday, as a landmark Silicon Valley sex bias case
entered its final stages.

During closing arguments in San Francisco Superior Court,
plaintiff Ellen Pao’s attorney Alan Exelrod said men ran Kleiner
Perkins and “no woman was going to challenge them.”

Mar 24, 2015

Silicon Valley gender lawsuit heads to closing arguments

SAN FRANCISCO (Reuters) – A landmark Silicon Valley sex bias case that has forced venture capital firm Kleiner Perkins Caufield & Byers to air awkward details about its operations goes to closing arguments on Tuesday after four weeks of testimony.

That will pave the way for a California jury to deliberate claims by former Kleiner partner Ellen Pao that have helped spark a broad discussion about sexism in the notoriously clubby tech start-up scene.

Mar 21, 2015

Former partner can pursue punitive damages against venture firm Kleiner

SAN FRANCISCO (Reuters) – A judge in a high-profile gender discrimination lawsuit will allow a former partner at venture firm Kleiner, Perkins, Caufield & Byers to seek punitive damages, adding to the potential pricetag for the firm if it loses the case.

In his ruling Saturday, San Francisco-based Judge Harold Kahn wrote that former Kleiner partner Ellen Pao could ask a jury for punitive damages, which could run into the tens of millions of dollars or more. First, however, she must convince the jury that the firm engaged in intentional gender discrimination and retaliation, and that the firm acted with malice.

Mar 20, 2015

Silicon Valley VC denies calling Kleiner partner ‘sex addict’

SAN FRANCISCO, March 20 (Reuters) – Kleiner Perkins Caufield
& Byers partner and Silicon Valley socialite Juliet de Baubigny
took the stand Friday in a gender discrimination case against
the venture firm and said she never referred to a male partner
in the suit as a “sex addict.”

The testimony comes in week four of the trial, which pits a
former Kleiner partner, Ellen Pao, against the storied
venture-capital firm. The lawsuit, which Pao filed in 2012, has
helped spark a broad, ongoing discussion about sexism in Silicon
Valley.

Mar 20, 2015

Silicon Valley socialite denies calling Kleiner partner ‘sex addict’

SAN FRANCISCO (Reuters) – Kleiner Perkins Caufield & Byers partner and Silicon Valley socialite Juliet de Baubigny took the stand Friday in a gender discrimination case against the venture firm and said she never referred to a male partner mentioned in the suit as a “sex addict.”

The testimony comes in week four of the trial, which pits a former Kleiner partner, Ellen Pao, against the storied venture-capital firm. The lawsuit, which Pao filed in 2012, has helped spark a broad and ongoing discussion about sexism in Silicon Valley.

Mar 16, 2015

Rand Paul woos donors and hackers at tech conference

By Sarah McBride

AUSTIN, Tx. (Reuters) – As his likely rivals spent the weekend shaking hands in New Hampshire, potential Republican candidate Rand Paul flew to Texas to court the software developers and entrepreneurs who are likely to play a central role in the 2016 election.

The libertarian-leaning Kentucky Senator tweeted, Snapchatted and Instagrammed his way through the South by Southwest Interactive conference as he sought to make inroads among an independent-minded crowd that could serve as an important source of money, votes and programming talent for his expected presidential bid.