Sexual Harassment Allegations, the “Me Too” Movement and Portfolio Company Derailment

The escalation of litigation surrounding the “Me Too” movement has quickly lead to a barrage of lawsuits involving allegations of sexual harassment.   Defending and settling this type of litigation is always expensive and disruptive for any company and its management.  And, as outlined in the Bloomberg article below in which I’m featured, such litigation can derail a company.  Reputational harm from actual or perceived corporate inaction can serve as the catalyst for internal dysfunction, lack of financial performance and inability to raise additional funding.  Not a good recipe for startups and the venture firms that fund them.