Taking an alternative approach to Chris Sacca’s pre-publication statement on the New York Times’ story of his alleged misconduct, Dave McClure waited a day to..<\/b>
\nTaking an alternative approach to Chris Sacca\u2019s pre-publication statement on the New York Times\u2019 story of his alleged misconduct, Dave McClure waited a day to respond to the allegations made in yesterday\u2019s article.
In a Medium post published Saturday evening, McClure neither denies nor defends the actions that he says have cost him the executive position at the firm he founded. The statement is instead a relatively straightforward admission that he made unwanted advances on several women in work contexts and took advantage of his position of power.
\u201cI made advances towards multiple women in work-related situations, where it was clearly inappropriate, \u201d writes McClure. \u201cI put people in compromising and inappropriate situations, and I selfishly took advantage of those situations where I should have known better. My behavior was inexcusable and wrong.\u201d
McClure includes a claim that new chief executive Christine Tsai and the rest of the 500 Startups staff were unaware of his actions \u2014 and says that the investigation began as soon as McClure informed Tsai of his behavior.
What prompted McClure to come clean is still unknown. Here\u2019s the section that relates to the structural changes at the firm:
McClure writes that he\u2019s in conversations with the management team at 500 and with the firm\u2019s investors to determine what the best course of action will be regarding his potential ongoing involvement with the accelerator.
McClure also apologizes directly to Sarah Kunst, who is mentioned in the NYT piece, for making inappropriate advances toward her.
\u201cFor these and other incidents where I have been at fault, I would like to apologize for being a clueless, selfish, unapologetic and defensive ass, \u201d says McClure.
The full statement is below.<\/p>\n

\n

Sentiment rank: 0.5<\/div>\n

<\/div>\n<\/div>\n