500 Startups' Dave McClure demoted over 'unacceptable' behavior with women

500 Startups' Dave McClure demoted over 'unacceptable' behavior with women

500 Startups founding partner Dave McClure. Photo: DAVID PAUL MORRIS/BLOOMBERG

A well-known Silicon Valley investor, Dave McClure, has been demoted within the firm he co-founded, 500 Startups, the latest fallout from revelations of mistreatment of women in the technology industry. An internal investigation found McClure “had inappropriate interactions with women in the tech community,” according to a blog post published Friday by Christine Tsai, 500 Startups co-founder, who said the decision to demote him was made a few months ago.

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