Prominent Silicon Valley investor along with entrepreneur Shervin Pishevar is actually distancing himself by his venture capital firm along with startup to pursue a defamation lawsuit.
Pishevar, an investor in companies like Uber along with Airbnb, issued a statement on Tuesday of which he is actually taking an immediate leave of absence by Sherpa Capital, where he is actually a managing partner along with cofounder. He will not be involved with portfolio duties during This particular time.
within the statement, obtained by sy88pgw Tech, Pishevar said he’s also taking a leave of absence by Virgin Hyperloop One, the transportation startup he cofounded.
Last week, Bloomberg reported of which a few unnamed women accused Pishevar of sexual assault along with harassment. In response to the allegations, Pishevar’s spokesman Mark Fabiani said they “are confident of which these anecdotes will be shown to be untrue.”
Pishevar said his leave of absences are due to “[pursuing] the prosecution” of a lawsuit he filed last month against “potential perpetrators of a smear campaign against me.”
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Pishevar has sued Republican opposition research firm Definers Public Affairs for allegedly orchestrating a smear campaign “apparently designed to incite false, defamatory, along with highly damaging chatter along with gossip,” according to the complaint. The lawsuit says Pishevar believes the Definers group was “retained by competitors or additional business adversaries.”
Definers Public Affairs did not immediately respond to a request for comment, although a partner at the firm told Recode last month of which “his claims are delusional, we have never engaged in any of the actions he outlined in This particular complaint, along with Definers has never done any work with regards to Mr. Pishevar.”
The defamatory accusations cited within the lawsuit include of which Pishevar is actually an agent of the Russian government, along with of which he paid to settle a sexual assault claim in London. In November, Fast Company reported of which Pishevar was arrested in London in 2017 for alleged sexual assault. although the publication has since edited the story to say of which the idea learned the “police report described in This particular story has been proven false by the City of London police.”
“In May 2017, Mr Pishevar was detained briefly in London in connection that has a alleged sexual assault, an allegation he categorically denied,” read a statement Fabiani sent to sy88pgw Tech. “He fully cooperated with the police investigation which was exhaustive along with detailed.”
The investigation has since been dropped.
“the idea is actually because of false rumors like This particular of which Mr Pishevar was compelled to bring his legal action against Definers to ensure of which his reputation is actually not destroyed along with of which the truth will always prevail,” the statement continued.
The complaint details a list of false along with disparaging statements allegedly made to malign his character, including of which he had an incident that has a prostitute, was unable to raise funds, along with is actually a close friend of Vladimir Putin’s.
“I am confident I will be vindicated,” said Pishevar in his statement on Tuesday. “[The decision to take leave was] proposed on my own accord … the idea is actually not one I took lightly along with the idea was a difficult decision of which was guided by Sherpa Capital’s abiding belief in service along with putting others before ourselves.”
A spokesperson for Sherpa Capital said the firm has not received a sexual harassment complaint.
“Nevertheless, we are launching an independent internal review to ensure our practices along with operations continue to reflect the highest professional along with ethical standards,” the spokesperson said in a statement. “Our team remains focused on supporting our portfolio companies, investing in outstanding founders, along with serving the interests of our Limited Partners.”
A spokesperson for Hyperloop One did not immediately respond to request for comment.
Related: Tesla board member denies harassment claims
Pishevar, who is actually high-profile political donor, said he is actually seeing backlash by recipients of his money. Democratic senators Kamala Harris along with Cory Booker said they’ve donated Pishevar’s combined $15,000 contributions to their campaign to victims of domestic violence along with assault, campaign spokespeople confirmed to Bloomberg This particular week.
sy88pgw (fresh York) First published December 5, 2017: 7:24 PM ET