Thursday, May 31, 2012

Problem at Sand Hill Road.. is it really a problem?

I don't have insider scoop on these high level things.. However, I honestly don't believe or let me put it this way.. I am not really supporter of such things or law suits.. In my view.. it is free country and free world.. nobody is bonded labor or slave..

If some of the allegations were true and if they would have included her in the trips or outings or whatever they were, then she could have sued her for sexual harassment or something like that.. Moreover, if you have relationships and break-up with your colleagues or bosses then there is no sanctity in your work ethics.. and come on.. are we talking about stone age or what.. nobody can force you to do something.. it is your choice.. if someone is trying to force you then, you have a choice.. either to accept it or walk out of it.. bullshit..

If you think you are paid less, then go find another job which will pay you more or even if another job is not paying you, what you think is your worth, then it is time to start your own business and earn your worth.

After being so well educated and working such a high flying jobs, you can't complain about glass ceiling.. it does actually a damage to great institutions like Harvard and Princeton..

Instead of earning your own money right way you are trying to extract money by suing the employer. Go find another one or start your own venture.. In my view, it is cheap strategy and way to earn money quick and easy way..


Here is the link for the story:
http://business-news.thestreet.com/mercury-news/story/john-doerr-defends-kleiners-track-record-diversity/1





PARTNER’S LAWSUIT

Kleiner says discrimination allegations ‘without merit’


By Dana Hull


 


In his first public statement since venture capital firm Kleiner Perkins Caufield & Byers was hit with an explosive discrimination lawsuit, partner John Doerr defended the firm’s track record on diversity Wednesday and said the allegations are without merit.

“The last several days have been a difficult time for me and my partners at Kleiner Perkins Caufield & Byers, a firm I’m proud to have been a part of for
 32 years,” Doerr said in a statement released Wednesday via Twitter. “It is not easy to stand by as false allegations are asserted against the firm, especially because legal constraints prevent us from responding fully at this time. But we have been heartened to hear from so many people — including many women — who have reached out to convey their support.” 





Doerr 

Kleiner Perkins partner Ellen Pao, who studied electrical engineering at Princeton before earning both a law degree and MBA at Harvard, filed a gender discrimination lawsuit earlier this month alleging that female partners, by design, earn less than their male peers. Pao also alleges that male partners at the firm retaliated against her after she ended a sexual relationship with a male colleague. 

Pao’s highly detailed, 19-page complaint, which is the talk of Sand Hill Road, has reignited an ongoing debate about the culture of the valley’s largely male venture capital community. Sources say Pao still works at Kleiner and has been coming to the office every day. 

Doerr said the firm hired an independent investigator to conduct an inquiry, and the report “concluded that the allegations are without merit and that our firm does not discriminate on the basis of gender.” Doerr’s statement went on to highlight Kleiner’s “pioneering track record in diversity.” 

“Our firm today is one of the most diverse in gender, age and ethnicity, as is our equally diverse network of great entrepreneurs,” read the statement, which noted that women founded or lead portfolio companies like Genomic Health and Rent the Runway. “Most importantly, we’re backing them not because they are women, but because they are the best at what they do. That is the same reason we have a dozen female partners at our firm — the most of any leading venture capital firm — including women who are leaders across our Digital Growth Fund, our newest venture fund, our Life Sciences Venture Team, our Human Capital Team, and our Marketing and Communications and Finance functions. They are outstanding executives and leaders.” Lynne Hermle, the attorney Kleiner has hired to represent the firm in the Pao case, was traveling Wednesday and could not be reached for comment. Alan Exelrod, Pao’s attorney, declined to comment. The next legal step in the high-profile case will be for Kleiner to file an official response in San Francisco Superior Court. 

Contact Dana Hull at 408920-2706. 

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