USA: Gender discrimination lawsuit against Kleiner likely to do lasting reputational damage, say journalists
“Sex-Bias Trial Takes Big Toll on Kleiner,” 24 Mar 2015 [Subscription required]
…[A] courtroom win over Ms. Pao might do little to repair Kleiner’s reputation. A six-man, six-woman jury is set to begin deliberations Wednesday in San Francisco Superior Court after more than four weeks of testimony in the case...The trial, which has sparked a debate about Silicon Valley sexism, put Kleiner under intense media scrutiny…Kleiner declined to comment on the case while it is continues…Like most venture firms, Kleiner doesn’t have a conventional human-resources department, only a policy covering discrimination and retaliation. Crisis-communications expert Sam Singer said Kleiner should change its culture, adopt new human-resources policies and procedures and promote women and minorities to repair its standing.“The legal trial isn’t about [Kleiner],” Mr. Singer said. “It’s about how the public will ultimately judge venture-capital firms above and beyond financial success.”