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They found pro bono lawyers with startup expertise, signed contracts, designed and revised their Power Point pitch a dozen times and met with more than 50 potential investors. They had 1,500 clients wait-listed for a beta launch.
They attracted interest at five large technology companies, including Twitter.
But while Wall Street today seems tamer—thanks to lawsuits and diversity consultants in every corner—in Silicon Valley the misogyny continues unabated.
A combination of that very traditional Wall Street wolf-ism among Northern California’s venture capital boys’ club and the socially stunted boy-men that the money men like to finance has created a particularly toxic atmosphere for women in Silicon Valley.
Like most 28-year-olds in Silicon Valley, they had smarts and dreams.
That CMEA partner is no longer with the firm, and Tinder temporarily suspended the executive involved.They had been emailing each other about the idea for months, with growing conviction of its awesome potential. That summer, they would keep their day jobs at media and advertising companies, but devote many off-hours and weekends to the startup.It addressed a well-known problem, one that afflicts the tech industry but also banking, media, advertising and film. The savvy talker, who had worked in communications at Citigroup and Thomson Reuters, joined professional clubs, sought out older advisers, arranged meetings and worked at creating buzz that just might pique investors.Computer programmer Lauren Mosenthal and her partner, Eileen Carey, came to California attracted by that kind of possibility.The only problem with their dream is that Silicon Valley has never produced a female Gates, Zuckerberg or Kalanick.
Three high-profile sexual harassment lawsuits have been filed against Tinder, the virtual town square of hookup culture, and two of the biggest venture capital firms—Kleiner Perkins Caufield & Byers and CMEA Capital.