DFJ & Partech Settle Suit


Draper Fisher Jurvetson, Partech, and one other VC firm settled a lawsuit leveled at them by the former CEO of portfolio company Agentis International, who alleged he wasn’t getting the severance package the VCs had promised him, according to court documents obtained by PE Week.

You can read the story here. Behind the velvet rope, get the sordid claims of the CEO that the VCs forced him to buy stock in his company as a condition of not only funding, but of his continued employment.