Jonathan Teo, long a Bay Area venture capitalist, might be regretting having a Twitter account tonight. The reason: it was used to serve a summons to Teo by the law firm Baker Curtis & Schwartz, which represents a former employee of the early-stage venture firm Teo had cofounded in 2014, Binary Capital.
The plaintiff is Ann Lai, who joined Binary in 2015 and whose role at the firm, according to her complaint, was to be “primarily responsible for establishing [Binary's] data-driven sourcing strategy, conducting the diligence regarding their potential investments, and supporting their portfolio companies on analytics/growth strategies.”
Yet Lai, who has three Harvard degrees, says that she battled discrimination and harassment on the job “almost from the day she started work,” according to her lawsuit.
Among Lai’s grievances: that Teo and firm cofounder Justin Caldbeck “requested and received headshots of female applicants that they sought to hire, and assessed these headshots for attractiveness. They also searched the applicants’ social media profiles to determine their relative ‘hotness.’” The complaint also states the Teo, Caldbeck, and Binary, which the two controlled, “expressed a desire to hold a company …read more
Source: Tech Crunch