"Why the Sexual Abuse Lawsuit Against Ex-Sequoia Partner Is Bad For Women In VC", 14 Mar 2016

...Goguen [former Sequoia Capital partner] is being sued by Amber Laurel Baptiste, who claims that he sexually, physically and emotionally abused her for 13 years, then agreed to pay her $40 million dollars in compensation for her suffering, only to stop the payments after the first $10 million. Goguen denies the abuse allegations in a counter-complaint...Sequoia, which parted ways with Goguen after it became aware of the suit on Thursday, was quick to tweet that the allegations "are unrelated" to the firm...But that does not mean the VC [venture capital] firm will escape this ugly situation unscathed...The suit also has the potential to hurt venture capital as a whole. We all know the depressing fact that women account for just 6% of partners at VC firms. And we know that there have been other distressing allegations, such as a sexual harassment suit filed by three former female employees of CMEA Capital, which the VC firm settled in 2014...[Also refers to Kleiner Perkins Caufield & Byers]