Ellen Pao says she tried “to bring Kleiner Perkins to the right path”

SAN FRANCISCO—”I had gone through every possible internal process that I thought I could go through,” former Kleiner Perkins junior partner Ellen Pao told the jury in her second day of testimony on Tuesday. Pao sued her former employer in 2012 for gender discrimination, and after three years Pao is finally offering additional details about how she experienced her final years at Kleiner Perkins, a top-rated Silicon Valley venture capital firm. Yesterday Pao, who is currently the interim CEO Read more [...]

Ellen Pao could take the stand today in her suit against Kleiner Perkins — here’s what she’ll probably talk about

Ellen Pao could take the stand as early as Thursday in her gender discrimination suit against Kleiner Perkins, where she used to be a junior partner. Pao is seeking $ 16 million from Kleiner, alleging she was retaliated against after having an affair with another partner. She also claims Kleiner failed to prevent discrimination from occurring at the firm. Kleiner Perkins has denied Pao's allegations. Lynn Hermle, its lead attorney, has repeatedly emphasized that Pao didn't have the necessary skills Read more [...]

Millionaire VC Tom Perkins: I Miss The Old San Francisco When It Was A ‘Loose Town’

When legendary VC Tom Perkins opens his mouth, you never know what's going to come out. His latest interview was with The New Yorker about why so many Bay Area residents hate the rich people of the tech industry these days. In it, he remembered the Bay Area's wild ways back in 1957 when he first arrived: "I was twenty-two, twenty-three," he explained. "I lived in Sausalito, which back then had a functioning whorehouse—one of the last ones in the Bay Area. It was a loose town where anything Read more [...]

Tom Perkins Says the Rich Should Get More Votes in Elections

Tom Perkins, the legendary venture capitalist who provoked a firestorm by comparing the persecution of Jews in Nazi Germany to the way rich people are treated in the United States, on Thursday offered a provocative idea about how to “change the world.” During an interview with an editor of Fortune magazine, Perkins said that only U.S. taxpayers should be able to vote in elections. But that’s not all. Perkins went on to say that wealthy people should get more votes than others because they Read more [...]