“Mr. Nivi has no function on the business” AngelList COO Graham Jenkin told TechCrunch in keeping with questions regarding the curious absence of the investment platform’s co-founder. It’s atypical for the creator of any such excessive-profile business to reputedly disappear without any sort of announcement.
Nivi still lists himself on LinkedIn as presently working at AngelList as a co-founder. When TechCrunch requested Nivi about his departure from AngelList, he responded, “That’s correct, I haven’t any function at the business and left currently for my very own motives, to work on whatever new.”
When requested “have been there any claims of misconduct regarding your departure?,” Nivi answered “I’ve additionally heard about one of the crucial rumors at TC. They’re now not actual. Any implication that I left for linked reasons is not authentic.” A request for clarification about what rumors he became relating to received no on-the-list response, although TechCrunch has got allegations from three sources about Nivi’s behavior.
AngelList refused to answer questions concerning the circumstances of Nivi’s departure, whether it become concerning any misconduct, or even if it had struck any settlements surrounding Nivi’s departure. Jenkin and AngelList CEO Naval Ravikant were steadfast of their refusal to discuss the count number, even though TechCrunch will proceed to investigate the instances surrounding Nivi’s departure.
[Update 4:30pm Pacific: The New York Times has now published a report confirming our suspicions about Nivi’s behavior and AngelList being bound to silence by a non-disparagement agreement. NYT’s Katie Benner writes that Nivi “said things that made Julie Ruvolo, a contractor, uncomfortable about working at the company. His comments included a suggestion that the women, who were not employees, warm up the pool by jumping in and rubbing their bodies together.”]
Nivi co-founded AngelList in 2010 to create a hub to connect startup founders, investors and job seekers. Nivi labored in an outward dealing with position, drumming up help for the platform with his affiliated website of startup counsel referred to as VentureHacks. Nivi posted weblog posts there sporadically through 2013, but past a single January 2016 article, he hasn’t posted there due to the fact that 2014.
news of Nivi’s fresh departure comes just days after TechCrunch broke news that certainly one of AngelList’s personnel Lee Jacobs is now on indefinite paid depart. The absence comes amidst an investigation into complaints of alleged sexual misconduct with the aid of Lee towards a lady at a 2013 experience in San Francisco earlier than he became employed by way of AngelList.
As Silicon Valley starts to come to grips with its terrible medicine of girls, and aid builds for victims and whistleblowers who speak out, habits of buyers and founders is coming under closer scrutiny.
In some circumstances, though, non-disparagement agreements can silence those that could surface complaints of sexual harassment, discrimination, misconduct or assault. These non-disparagement agreements are often blanketed in settlements over these kinds of complaints. but they could also be included in severance applications and even employment presents.
For Silicon Valley’s lifestyle shift to proceed, startups and task capital firms will should enforce finished and enforceable sexual harassment policies, and allies of all genders and identities will deserve to get up in opposition t inequality.
TechCrunch is in search of greater information related to Nivi’s departure from AngelList. you probably have suggestions, please contact us at: josh at techcrunch dot com or by way of signal encrypted chat at (585)750-5674
Featured image: source: Jonathan Alcorn/Bloomberg by the use of Getty images
Fundings & Exits – TechCrunch