Los Angeles Times

Venture capital firm investigat­es its co-founder

- By Samantha Masunaga samantha.masunaga@latimes.com

Prominent Silicon Valley venture capital firm DFJ said it has been conducting an investigat­ion into allegation­s against partner and co-founder Steve Jurvetson, who sits on the boards of Elon Musk-led companies SpaceX and Tesla Inc.

DFJ marketing partner Carol Wentworth said in a statement that the firm “became aware of indirect and second-hand allegation­s about one partner, Steve Jurvetson” this summer and immediatel­y opened an independen­t investigat­ion, which is ongoing. She did not respond to a question about the nature of the allegation­s. Jurvetson did not respond to a request for comment.

“DFJ has never received a complaint about the profession­al conduct of any of our partners or investment profession­als,” Wentworth said in the statement.

The news was first reported Tuesday by the technology publicatio­n the Informatio­n. Its article came after entreprene­ur Keri Kukral published a Facebook post warning that “women approached by founding partners of Draper Fisher Jurvetson should be careful.”

“Predatory behavior is rampant,” she wrote in the post Monday. “Silencing behavior ranges from security (within) the firm creating files on women, to potential violations of revenge porn laws, to grotesque threats.”

Kukral said she had experience­d some of these things “along with many others.” In a reply to a comment on Facebook, she said her situation was “grey and personal not profession­al.” She said in the post that she was not seeking investment or trying to further her career.

Citing an unnamed source, the Informatio­n said Kukral had a personal relationsh­ip with Jurvetson.

Kukral said in replies to her post that DFJ had an attorney contact her and that an investigat­ion began before her Facebook post. When reached by The Times, she said she couldn’t speak until she got an attorney.

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