San Francisco: Dave McClure, co-founder of early-stage venture capital fund 500 Startups, resigned as general partner after several women said he harassed them. Later Friday, McClure wrote a blog post entitled “I’m a Creep. Cheryl Yeoh, a founder whose company had been funded by 500 Startups, was in talks with McClure about collaborating on an accelerator in South-East Asia, she wrote in a blog post. After a business meeting in 2014 that stretched late into the evening, McClure proposed having sex with Yeoh, according to the post. A spokeswoman for 500 Startups did address Yeoh’s account.

Source: Mint July 04, 2017 18:53 UTC