CEO DATELINE - Venture capital group releases guidelines for addressing sexual harassment
CEO DATELINE - Venture capital group releases guidelines for addressing sexual harassment
- February 23, 2018 |
- Walt Williams
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The National Venture Capital Association announced Thursday it has released a set of model documents and resources aimed at addressing sexual harassment in the industry.
The new documents were created with guidance from working groups consisting of legal, human resource and employment experts as well as venture investors, NVCA said in a statement. Venture capital firms and startups can use the documents as a basis for their own policies.
"Harassment of any kind has no place in our industry, and it remains incumbent upon NVCA to help lead our community towards positive outcomes to address it," NVCA CEO Bobby Franklin said. "We encourage all VC firms to review these model documents and operationalize them into their organizations and existing policies as well as share them with their portfolio companies."
The effort was driven by news reports last year of incidents of sexual harassment involving venture investors. Afterward, NVCA spoke with many of the victims, collecting recommendations via an online form, and organized a workshop in San Francisco that convened more than 60 industry participants. The group's board of directors then directed the association to craft model policies and best practices that industry players could use. http://bit.ly/2GDSViu
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