Credit: PETER DASILVA/The New York Tim​es/Redux © The New York TimesA Silicon Valley venture capitalist who resigned from his firm amid sexual harassment allegations is claiming his former partner embezzled money from a portfolio company and wrecked their business. “Caldbeck destroyed a valuable and successful business through sexual predation, harassment and dishonesty,” McCloskey tells Forbes in a statement. Apparently Mr. Caldbeck’s shamelessness knows no bounds.”Venture capital firm Binary Capital became the talk of Silicon Valley in 2017 after The Information reported allegations that Caldbeck had sexually harassed female tech entrepreneurs who were seeking business funding or advice. Six women accused Caldbeck of making unwanted sexual advances, and Caldbeck resigned from Binary Capital. Caldbeck also blames Teo for the demise of Binary Capital.

Source: Forbes February 28, 2019 15:56 UTC