(Reuters) — Silicon Valley investor Shervin Pishevar, identified for his early wager on Uber Applied sciences Inc, mentioned on Thursday that he would sever ties together with his project capital corporate, Sherpa Capital, after being accused of sexual misconduct.
Pishevar, who has denied the accusations, mentioned in a commentary equipped via his attorney that he was once voluntarily leaving Sherpa Capital, which he co-founded, on account of ongoing “untruthful assaults” towards him.
Bloomberg reported in November that 5 ladies accused Pishevar of exploiting a certified connection or the possibility of a role, mentorship or funding to make undesirable sexual advances.
Reuters was once not able to independently verify the accusations.
“I refuse to permit my enemies to tug my Sherpa circle of relatives into their battle with me,” Pishevar mentioned within the commentary. “This is the reason I’ve determined alone accord to finish my affiliation with Sherpa Capital, efficient right away.”
In a commentary, Sherpa Capital thanked Pishevar for his contributions to the company and mentioned it was once “deeply dedicated to our tradition of integrity, inclusion, and appreciate.”
The company up to now mentioned it had by no means gained any sexual harassment criticism however was once nonetheless launching an unbiased inner assessment to verify its “practices and operations proceed to mirror the very best skilled and moral requirements.”
Pishevar previous this month took a depart of absence from Sherpa Capital to battle the allegations of sexual attack and harassment and concentrate on a defamation lawsuit he filed towards political consulting company Definers Public Affairs, which he has accused of orchestrating the accusations.
Pishevar additionally stepped down from his board tasks at more than a few startups, together with Hyperloop One, the transportation corporate he co-founded.
His announcement on Thursday made his departure from Sherpa Capital everlasting.
“I plan to focal point now at the suitable ongoing criminal movements towards those that are unjustly orchestrating the smear marketing campaign towards me,” Pishevar mentioned.
Pishevar in November sued Arlington, Virginia-based Definers Public Affairs and its founder, Matt Rhoades, and president, Joe Pounder. The lawsuit, filed in San Francisco Awesome Courtroom, alleges that they orchestrated “a malicious smear marketing campaign, it appears designed to incite false, defamatory, and extremely harmful chatter and gossip about Mr. Pishevar.”
Tim Miller, a spouse at Definers Public Affairs, referred to as Pishevar’s accusations “frivolous.”
Previous this month, Definers filed a movement in search of to have Pishevar’s lawsuit disregarded. On the time, Miller mentioned the lawsuit had “saved ladies from talking out.”