An explosive breach of contract lawsuit against former Sequoia Capital partner Michael Goguen has been dropped
Three-and-a-half years ago, a lawsuit hit the San Mateo, Ca. county courthouse that briefly attracted the attention of the worldwide venture capital community given its salacious nature. The defendant: longtime VC Michael Goguen, who’d spent 20 years with Sequoia Capital in Menlo Park, Ca. The plaintiff: a former intimate who described him through the filing as a “worse predator than the human traffickers.” She said in the filing that she would know, having become a “victim of human trafficking” at age 15 when she was “brought to America in 2001,” then “sold as a dancer to a strip club” in Texas, which is where she says first encountered Goguen.
What she wanted from the lawsuit was money that she said was owed to her by Goguen: $40 million over four installments that the lawsuit stated were for “compensation for the sexual abuse and [a sexual] infection she contracted from him.” According to her suit, Goguen agreed to these terms, paying Baptiste a first installment of $10 million before refusing to make further payments.
At the time, Goguen called the allegations “horrific” and suggested Baptiste was a spurned lover, saying they’d had a “10+ year romantic relationship that ended badly.” He also …read more
Source: Tech Crunch