Reddit female CEO sues former club

Source: Internet
Author: User
Keywords Ceo reddit good man.
Tags code company public

Absrtact: In the last one months, a lawsuit in Silicon Valley has been hotly discussed: Reddit's Chinese female CEO Ellen Pao sued the old club Kleinerperkins Caufield Byers (hereinafter Kleiner) for sex discrimination and demanded that Kleiner compensate for 16 million dollars. Re/code reported that Pao was a junior partner in Kleiner, and said

In the last one months, a lawsuit in Silicon Valley has been hotly discussed: Reddit's Chinese woman CEO Ellen Pao sued the old club Kleinerperkins Caufield & Byers (hereinafter Kleiner) for sex discrimination and demanded that Kleiner compensate for 16 million dollars. Re/code reported that Pao was a junior partner at Kleiner, who said Kleiner always promoted men rather than women, and male partners had significantly higher wages than female partners, many female partners had been sexually harassed by corporate executives, and so on.

Ellen Pao described her Kleiner work with another partner Ajit Nazre for a few months and broke up with him after discovering that he had not been divorced, but Nazre often obstructed her work after Pao broke up with her. Since then, Pao found himself in the company's development everywhere Limited, in a number of times to reflect the human resources after the decision to sue the company in 2012, the results were dismissed by the company. At present, this case has officially entered the trial stage.

Kleiner has been called the "biggest and largest" VC by the Wall Street Journal, and has invested in companies including Amazon, Electronic Arts, Google and Zynga.

The lawsuit has been reported by mainstream American media, including the New York Times and The Wall Street Journal, and has sparked public debate.

Previously, the sex discrimination of Silicon Valley tech companies was a subject of public concern, and 36 Krypton reported on the views of Paul Graham and Marc Andreessen, and now Ellen Pao the VC company to the forefront of public opinion.

The creation circle seems to be very unfriendly to women, and according to Fast Company, the proportion of female decision makers in VC companies has fallen from 10% in 1999 to 6% now, while only 2.7% of start-ups that have been funded by VCS have female CEOs. The Ellen Pao incident is also regarded as a portrayal of the male-dominated culture that discriminates against women in the VC circle.

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