Jurvetson Investigated for Alleged Sexual Harassment

Steve Jurvetson

Prominent space backer Steve Jurvetson is being investigated for alleged sexual harassment, his venture capital firm admitted this week. Jurvetson’s investments have included two of Elon Musk’s companies, SpaceX and Tesla Motors.

Draper Fisher Jurvetson, the VC firm he founded, said Tuesday it had launched an inquiry into Jurvetson a day after an entrepreneur alleged that “predatory behavior is rampant” at DFJ. The woman, Keri Kukral, did not name Jurvetson in her Facebook post.

“DFJ has never received a complaint about the professional conduct of any of our partners or investment professionals,” DFJ spokeswoman Carol Wentworth said in a statement to Recode. “Earlier this summer we became aware of indirect and second-hand allegations about one partner, Steve Jurvetson. We immediately opened an independent investigation, which is ongoing at this time.”

“Women approached by founding partners of Draper Fisher Jurvetson should be careful,” wrote Kukral, who runs a startup called Raw Science, which has not received DFJ funding in the past. “The situation I found myself in is personally atypical and I’ve not been in any other situation remotely like it. I was not seeking investment or trying to further my career.”

Start-up Space Blasts Off

Bryce Space and Technology has produced a new report, Start-up Space: Update on Investment in Commercial Space Ventures.

Below is the executive summary. You can also download the full report.

Executive Summary

The Start-Up Space series examines space investment in the 21st century and analyzes investment trends, focusing on investors in new companies that have acquired private financing. Space is continuing to attract increased attention in Silicon Valley and in investment communities world-wide. Space ventures now appeal to investors because new, lower-cost systems are envisioned to follow the path terrestrial tech has profitably traveled: dropping system costs and massively increasing user bases for new products, especially new data products. Large valuations and exits are demonstrating the potential for high returns.
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