Kleiner Perkins partner Ellen Pao, who made headlines last year for suing the company in a widely publicized gender discrimination suit, is gainfully employed once more. After reportedly being fired from KPCB in October 2012, she has now taken a gig at community site Reddit, where she’ll be “helping us build strategic partnerships that benefit the community.” Read More
Mystery hacker Guccifer has been terrorizing America’s political elite by hacking into their email accounts and proving that even former presidents aren’t really that great at their newfound painting hobby. Now, The Smoking Gun reports that Guccifer has begun targeting Silicon Valley. Ugh, guess that means tech really is cool now. Read More
First Round Capital has built a brand-new platform for startups seeking press coverage: HackPR, designed to connect them with journalists. The firm is hoping to replicate the same kind of buzz that made Warby Parker an e-commerce darling after an early profile in GQ. [TechCrunch]
Kids from Cornell got a tour of the New York startup scene yesterday. [New York Daily News]
Kleiner Perkins, Andreessen Horowitz and Google Ventures are all backing a startup called LendUp, which’ll make small loans (think $300) to people with poor credit. Basically, it’s an alternative to the traditional payday loan, with friendlier customer service. Good luck and God bless. [AllThingsD]
Please enjoy this cri de coeur against Instagram filters, which are basically photography training wheels. [Wired]
When last we left Ellen Pao’s gender discrimination case against venture capital firm Kleiner Perkins, matters had reached the inevitable long, slow legal slog to determine whether the suit would ever see court. However, Ms. Pao was still getting up and going to what must’ve been the most awkward office environment since M.A.S.H, as Read More
There must be a whole lot of you noodling around with an inventive notion in the back of your noggin. Two major VC firms have just made a bet to that effect, investing a whopping $68 million in social product development startup Quirky. Andreessen Horowitz led the series C, with Kleiner Perkins participating. Mary Meeker Read More
After Mat Honan’s “epic hacking,” an anonymous Apple employee leaked word that the company has temporarily stopped processing password changes over the phone while it figures out if its security policy needs to be altered. Amazon already updated theirs. [Wired]
Don’t let Mr. Honan’s loss be in vain. Time to enable “two-factor authentication” on Read More
Ellen Pao’s gender discrimination case: Still headed for the courtroom. Eventually. Maybe.
When last we checked in with the legal wrangling over Ellen Pao’s gender discrimination suit against Kleiner Perkins, San Francisco Superior Court Judge Harold Kahn had rejected the storied VC firm’s arguments for arbitration but invited the firm to ask again in a hearing scheduled for today.
But it sounds like Kleiner’s legal representatives couldn’t quite close the deal. Reuters reports that, rather than ruling, Judge Kahn told Kleiner Perkins he didn’t buy their arguments and added that they had the option of appealing if they wanted. Read More
San Francisco Superior Court Judge Harold Kahn kept his word today and ruled against Kleiner Perkins’ motion for arbitration in Ellen Pao’s gender discrimination suit.
However, he did rule that the storied VC firm may ask again for arbitration at an upcoming hearing scheduled for July 20th, meaning that the case could still be arbitrated by a third party.
A Kleiner Perkins spokesperson sent the following statement to Betabeat: Read More
When VC firm Kleiner Perkins filed its response to partner Ellen Pao’s gender discrimination suit (nearly a month ago now), included in the flurry of legal documents were requests to require Ms. Pao to submit to binding arbitration.
Now the Mercury News reports that the presiding judge has spoken–tentatively, at least–and she’ll be required to do no such thing. Kleiner argued that partners signed arbitration agreements with each of the firm’s new funds; Ms. Pao’s lawyer rejoined that only an umbrella agreement would do, and his logic apparently carried the day.
Of course, we should also note that lawyers for both sides are still due at a hearing today, where Kleiner has a chance to try talking the judge into reversing his ruling. Maybe somebody’s got an ace up his sleeve? Read More