Bloomberg: California Looks to Outlaw Sexual Harassment by VCs

August 28, 2017

California Looks to Outlaw Sexual Harassment by VCs Legal ambiguity may help enable bad behavior. California is looking to change that.

By Lizette Chapman August‎ ‎28‎, ‎2017‎ ‎5‎:‎00‎ ‎AM

State Senator Hannah-Beth Jackson outlined a proposed bill last week. Changing the law in California will create clear consequences by forcing investors to behave professionally or risk being sued. Jackson, a Democrat who authored 2015’s landmark fair-pay reform that cracked down on employers’ ability to discriminate against women, said the power dynamic between venture capitalists and entrepreneurs pursuing their dreams can create inequity that requires legal protection. “There is clearly an imbalance of power between those with financial wherewithal and those with ideas trying to get a foothold,” she said.

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