sarahmcbride

Kleiner Perkins Caufield & Byers, the investment firm that has backed tech companies from Google to Amazon, will defend itself in court on Tuesday in a closely watched gender discrimination case that could lay open the inner workings of venture capital, Reuters News reported.

(Reuters) - California's privacy laws have saved Kleiner Perkins from having to release potentially embarrassing information about a former partner in a discrimination lawsuit by a former female partner.

(Reuters) - Women venture-capital partners are becoming scarcer even as more women entrepreneurs are winning venture cash, according to a report from Babson College.

(Reuters) - California detectives are investigating a July computer theft at storied venture capital firm Kleiner Perkins Caufield & Byers, a spokeswoman for the Menlo Park police said on Thursday.

Despite the lip service Silicon Valley has given about the need to recruit more women venture capitalists, at senior levels the industry’s gender balance hasn’t budged, even as other industries with poor gender diversity show improvements.

(Reuters) - Investors have fired G. Steven Burrill from the head of a $283 million venture capital fund he ran amid alleged fraud and misuse of capital, according to a lawsuit.

(Reuters) - Bills that would make it more complicated and expensive for ridesharing companies such as Uber and Lyft to do business in California passed a state Senate committee on Tuesday.

Uber Inc has raised $1.2 billion from mutual funds and other investors in a funding round that valued the fast-growing rides-on-demand service at $18.2 billion in one of the highest valuations ever for a Silicon Valley startup, Reuters reported.

Nextdoor CEO Nirav Tolia, whose social networking website espouses neighborhood safety and community, is facing civil and criminal charges for leaving the scene of a highway accident that a driver says he caused, Reuters reported.