After discoveries that Epstein assisted money a financial investment company led by MIT Media Laboratory director Joichi Ito, speculation has actually grown about whether Epstein– the now-deceased investor charged with sex trafficking– might have had more substantial ties to the VC market at the heart of Silicon Valley’s growing tech economy.
The possibility that Epstein invested his cash as a so-called Minimal Partner in the gilded equity capital companies that fund and recommend tech start-ups would represent an awkward, and possibly troublesome advancement, for any companies included.
Service Expert gotten in touch with 34 of the leading equity capital companies in the tech market to ask whether Epstein had actually ever been a restricted partner, or financier, in any of the companies or whether he had actually dealt with the companies in an individual or expert capability at any point.
Of the 34 VC companies, 27 validated that Epstein had no direct participation.
These are the companies, representing a few of the most popular names in equity capital, that stated they have no direct participation with Epstein: Accel, Andreessen Horowitz, Standard Ventures, Battery Ventures, Standard Capital, Bessemer Endeavor Partners, CRV, DFJ Development, The First Day Ventures, FirstMark Capital, Preliminary Capital, Leader Ventures, GGV Capital, Greylock, Index Ventures, Kleiner Perkins, L Catterton, Lightspeed Ventures, Mayfield Fund, Menlo Ventures, NEA, Redpoint Ventures, Sequoia Capital, TCV, True Ventures, Tusk Endeavor Partners, and Union Square Ventures.
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A number of companies, nevertheless, did not react to Service Expert’s several ask for remark or verification. The VC companies that would not react to ask for details about Epstein are: Felicis Ventures, Floodgate, Founders Fund, General Driver, IVP, Softbank, and Venrock.
Not a single VC companies that Service Expert connected to has actually stated that Epstein was a restricted partner.
However there’s a huge asterisk
Nevertheless, even for those VC companies that disavowed any direct participation with Epstein, it’s not yet possible to dismiss the possibility that he was purchased the companies. That’s because much of the restricted partners in VC companies are not particular called people, however rather a household workplace, a “fund of funds,” and other kinds of wealth funds not lawfully needed to reveal whose cash they handle.
So, unless somebody operating at a VC company had factor to be careful of among those financiers and had actually requested for more information, it is not likely they would understand if any of the cash in their funds originated from Epstein.
Epstein was charged with sex trafficking of minors and conspiracy. He was discovered dead by obvious suicide on August 10 in his jail cell at the Metropolitan Correctional Center in Manhattan after being declined bail.
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