Another VC exec is out following misconduct allegations – CNET


Frank Artale


Frank Artale, a managing partner at venture capital firm Ignition Partners, resigned after a complaint of misconduct from an anonymous source earlier this month, GeekWire reported Tuesday.

Ignition didn’t immediately respond to a request for comment. In its statement provided to GeekWire, the firm didn’t specify what kind of misconduct had been alleged.

The situation is the latest in a string of misconduct and sexual harassment allegations that have come to light over the past month in the VC world. 

Binary Capital’s co-founder Justin Caldbeck left after a story from The Information said he’d made sexual advances at female entrepreneurs.  Then, Dave McClur of 500 Startups stepped down after he was named in a report by The New York Times about sexual harassment in the technology startup industry. 

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