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Mar 6, 2015

Venture firm Formation8 dropped from U.S. lawsuit over sexual assault

SAN FRANCISCO (Reuters) – Venture firm Formation8 was dropped as a defendant in a U.S. civil lawsuit that accused one if its co-founders, Joe Lonsdale, of sexual assault, according to a court document filed Thursday.

In the filing, attorneys for plaintiff Elise Clougherty did not explain their reasoning but said the case, filed in January, should move forward only against defendant Lonsdale, who is also a co-founder of secretive technology firm Palantir.

Mar 5, 2015

Kleiner ex-partner Pao to testify in own Silicon Valley bias case

SAN FRANCISCO, March 5 (Reuters) – Former venture capitalist
Ellen Pao could take the stand as early as Thursday in her
gender discrimination lawsuit against her previous employer
Kleiner Perkins Caufield & Byers, giving testimony that will
likely make or break the case.

Questioning Pao provides the best opportunity for each side
to clinch their arguments, but it is also extremely risky,
according to employment law attorneys following the trial.

Mar 4, 2015

Venture capitalist Doerr seeks to fend off Kleiner sexism charges

SAN FRANCISCO (Reuters) – Venture capitalist John Doerr on
Tuesday sought to fend off allegations of sexism at his firm,
Kleiner Perkins Caufield & Byers, in a gender discrimination
lawsuit targeting the firm, insisting he had been a strong
advocate for women there.

Doerr, viewed as the firm’s leader, talked up his backing of
women as both venture capitalists and entrepreneurs. But he also
had to handle questions – from whether he had denied former
Kleiner Perkins partner Ellen Pao a company board seat because
she was pregnant to whether he had said she had “a female chip
on her shoulder.”

Mar 3, 2015

Venture capitalist Doerr testifies in Kleiner sexism case

SAN FRANCISCO, March 3 (Reuters) – Venture capitalist John
Doerr on Tuesday sought to fend off allegations of sexism at his
firm, Kleiner Perkins Caufield & Byers, in testimony in a gender
discrimination lawsuit targeting the firm.

Doerr, viewed as the firm’s leader, answered questions on
why he noted the parental status of women, not men, in business
emails, and whether he had said a male partner “needed a win” as
a reason to keep him on a key board.

Mar 3, 2015

Venture capitalist John Doerr to testify in sexism case

SAN FRANCISCO, March 3 (Reuters) – Venture capitalist John
Doerr, credited with backing Amazon.com Inc, Google Inc
and many other technology companies, is set to testify
on Tuesday in a gender discrimination trial involving his firm,
Kleiner Perkins Caufield & Byers.

Doerr, viewed as the firm’s leader, is likely to discuss his
treatment of former partner Ellen Pao, his chief of staff before
she joined the firm’s digital team and then suing the firm in
2012. Whether Kleiner failed to support women as much as men is
a key point of contention in the case, which has helped spark an
ongoing discussion about sexism in Silicon Valley.

Mar 3, 2015

Former HP chairman admits ‘mistake’ in sexism trial

SAN FRANCISCO (Reuters) – Onetime highflying tech executive
Ray Lane testified on Monday during a sex discrimination trial
involving his former employer, Kleiner Perkins Caufield & Byers,
that he made a mistake in judgment involving the harassment of a
female venture capitalist at the firm, and that he feared for
the woman’s safety.

Lane, who previously served as executive chairman of
Hewlett-Packard Co and president of Oracle Corp
, told the court he erred in not immediately informing
others that Trae Vassallo told him about unwanted advances by
her colleague, Ajit Nazre, during a 2011 business trip.

Mar 2, 2015

Former HP chairman admits ‘mistake’ in venture firm sexism trial

SAN FRANCISCO, March 2 (Reuters) – Onetime highflying tech
executive Ray Lane testified on Monday during a sex
discrimination trial involving his former employer, Kleiner
Perkins Caufield & Byers, that he made a mistake in judgment
involving the harassment of a female venture capitalist at the
firm.

Lane, who previously served as executive chairman of
Hewlett-Packard Co and president of Oracle Corp
, told the court that he erred in not immediately
informing others that Trae Vassallo told him about unwanted
advances by her colleague, Ajit Nazre, during a 2011 business
trip.

Mar 2, 2015

Former HP chairman to testify in venture firm sexism trial

SAN FRANCISCO (Reuters) – Onetime highflying tech executive Ray Lane is expected to testify Monday in a discrimination and retaliation trial involving his former employer, Kleiner Perkins Caufield & Byers, the investment firm that has backed companies from Google Inc (GOOGL.O: Quote, Profile, Research, Stock Buzz) to Amazon.com Inc (AMZN.O: Quote, Profile, Research, Stock Buzz).

Lane, who previously served as executive chairman of Hewlett-Packard Co (HPQ.N: Quote, Profile, Research, Stock Buzz) and president of Oracle Corp (ORCL.N: Quote, Profile, Research, Stock Buzz), is likely to discuss his response to incidents of alleged harassment and discrimination at the venture capital firm. Whether it reacted appropriately is at the heart of the suit, filed by former partner Ellen Pao.

Feb 25, 2015

California venture firm sexism trial hears of late night hotel visit

SAN FRANCISCO (Reuters) – On a 2011 business trip to New
York, Kleiner Perkins Caufield & Byers venture firm partner Trae
Vassallo answered a late night knock on her hotel room door. A
male colleague, Ajit Nazre, was standing there in his bathrobe
and slippers.

“He asked if he could come in. I said no,” Vassallo said in
testimony on Tuesday at the closely-watched trial over
allegations of gender discrimination and retaliation against one
of the highest-profile venture capital firms in the United
States.

Feb 24, 2015

Kleiner firm was not level playing field for women, trial told

SAN FRANCISCO, Feb 24 (Reuters) – Kleiner Perkins Caufield &
Byers, the investment firm that has backed tech companies from
Google to Amazon, fired a woman junior partner after she
complained of gender discrimination, her lawyer said at trial on
Tuesday.

Former Kleiner partner Ellen Pao accuses the firm of firing
her after she complained about harassment by a male partner.
Kleiner has denied the accusations of discrimination and
retaliation, and says Pao underperformed her peers.