Recode Daily: Here’s the story behind VC Steve Jurvetson’s sudden fall from grace
https://www.recode.net/2017/11/20/16677508/square-twitter-dorsey-market-cap-verification-jurvetson-dfj-weinstein-wenner-amazon-flex
Here’s the story behind VC Steve Jurvetson’s sudden fall from grace. Jurvetson is the highest-profile VC to be ousted since women this year started to speak out about a range of abuse from male investors in Silicon Valley and beyond. He was recently pushed out of DFJ, the premier venture capital firm he co-founded, after an internal investigation found, in part, a pattern of dishonesty with women, including extramarital affairs that, in the eyes of some, crossed into the professional world. [Theodore Schleifer / Recode]
Two years after going public, Square — CEO Jack Dorsey’s “other” company — is worth more than Twitter. The mobile payments startup had a market value of $16.5 billion — more than a billion dollars above Twitter’s market cap. Meanwhile, after the recent controversy over “verifying” a white supremacist, Twitter’s new guidelines around violence and physical harm say users can lose verified status for bad behavior both on and off the service. [Rani Molla /Recode]