A top figure in Silicon Valley makes an apology
NEW YORK — Sexism in Silicon Valley has been an open secret for years. What’s changing: A growing number of women are coming forward with personal stories of sexual harassment and discrimination, prompting apologies, resignations and plenty of hand-wringing.
It’s too soon to tell whether the incidents will lead to meaningful longterm change. But the revelations, many implicating industry big shots, are at least leading to some humbled self-reflection in an industry long criticized as arrogant and self-centered.
In the latest example, prominent venture investor Dave McClure apologized over the weekend for making “inappropriate advances” toward several women. His apology — titled “I’m a Creep. I’m Sorry” — follows a New York Times report that described offensive behavior by McClure and other prominent venture investors, as related by female entrepreneurs. On Monday, he resigned from the venture capital fund he cofounded, 500 Startups.
Reports of sexism in the industry are not new, as the male-dominated tech and venture capital industry has often downplayed or turned a blind eye to issues of discrimination and worse.
So what’s prompting more women to speak out? Credit Susan Fowler, a former Uber engineer who outlined a culture of harassment at the company. Uber CEO Travis Kalanick resigned in the aftermath , and the company has promised to institute broad changes.
Last month, meanwhile, several female entrepreneurs told the trade publication The Information about harassment by a partner at the VC firm Binary Capital. He and another partner resigned in late June. The accused partner, Justin Caldbeck, issued an apology, but that itself drew criticism from others in the tech industry.
“It feels like you’re trying to nudge us to feel sorry for you that you need to leave your precious firm behind. YOU CAUSED THIS,” Google product manager Brenden Mulligan wrote in a post on Medium.
After the allegations against Caldbeck came to light, LinkedIn co-founder and former CEO Reid Hoffman lamented a “lack of outrage and commentary” following the VC harassment reports.
In a post on LinkedIn, Hoffman urged venture capitalists to establish human resources policies — just as companies and other institutions do — “so that venture capitalists who engage in such behavior face the same sort of consequences that they would if their overtures were directed at an employee.”