“We’d by no means need somebody to really feel uncomfortable and we’re sorry if that came about,” mentioned the company.
Mission capital company DFJ is apologizing for an match hosted by means of founder Steve Jurvetson, additional highlighting how the non-public allegations towards him in the end compelled him out of his process.
Jurvetson hosted a birthday party at his house that reportedly featured rampant intercourse and drug use following a DFJ match, in line with a impending e book from Bloomberg journalist Emily Chang. The birthday party used to be personal however right away adopted a close-by DFJ one-day convention and used to be attended by means of some DFJ companions and group of workers, main some to the influence that it used to be a DFJ-sanctioned match.
The development at Jurvetson’s house in Part Moon Bay adopted the company’s new annual Large Assume convention. However private pals of Jurvetson — unaffiliated with DFJ — have been additionally invited to the birthday party, which incorporated safety and round 100 to 150 other people.
“We have been dismayed to be told of conduct on the birthday party that used to be utterly at odds with DFJ’s tradition, which has been, and can proceed to be, constructed at the values of appreciate and integrity. We’d by no means need somebody to really feel uncomfortable and we’re sorry if that came about,” the project company mentioned in its remark.
DFJ recommended the birthday party performed a job in Jurvetson’s ouster from the company past due final yr: “The decisive motion we’ve taken in fresh months displays our steadfast dedication to our values.”
A Jurvetson consultant disputed the concept his match used to be a “intercourse birthday party” and mentioned that the project capitalist had hosted the development for no less than 3 years — which means that DFJ must no longer be in the dead of night concerning the match.
Recode reported widely in November on how the non-public behavior of Jurvetson — who used to be no longer accused of sexual harasssment however did perform more than one affairs with other ladies concurrently — ended up having skilled penalties, together with his ouster.
The excerpt of the e book figuring out Jurvetson because the host used to be first acquired by means of Axios.
New existence used to be breathed into the Jurvetson drama on Wednesday when an entepreneur named Paul Biggar, who mentioned he attended the development described by means of Chang, made a chain of allegations concerning the birthday party in a Medium publish — regardless that he didn’t title DFJ.
“This used to be a top-tier VC company’s professional birthday party,” he wrote, alleging the birthday party used to be “arranged” by means of DFJ group of workers and attended by means of more than one DFJ companions. “I used to be there, and it’s approach approach worse than it sounds.”
Every other attendees, each to Recode and to different retailers, regardless that have driven again on Chang’s description of the occasions.
Elon Musk, the tech CEO who’s a detailed good friend of Jurvetson’s, showed his attendance on the match as Biggar alleged however blasted his characterization of occasions.
“If there are ‘intercourse events’ in Silicon Valley, I haven’t observed or heard of 1,” Musk informed WIRED in what have been his first public feedback on Jurvetson since he used to be ousted from DFJ. “If you need wild events, you’re within the incorrect position. Clearly. That DFJ birthday party used to be uninteresting and company, with 0 intercourse or nudity any place.”
Jurvetson’s camp additionally organized calls between a number of attendees and newshounds to chase away on the concept the development used to be filled with intercourse and nudity, with more than one pals of Jurvetson telling Recode that it used to be no longer not like different events they attended in other places, that includes alcohol, track and costumes.
“In truth, we laughed out loud,” mentioned Jenny Boyle, a clothier, when she noticed the outline of the development as a “intercourse birthday party.”