Thursday, October 4, 2012

Not So Fast: Kleiner Perkins Says It Did NOT Fire Ellen Pao; Looking To ?Facilitate Her Transition? Out

Ellen PaoMore drama in the Kleiner Perkins Caulfield & Byers / Ellen Pao discrimination case. Just hours ago, it was revealed that Ellen Pao had said that she was fired from the VC firm where she was a partner -- something she made public in a statement on Quora. Now, KPCB has come back to us to say it's not actually true. "Ms. Pao's Quora post is misleading," a spokesperson says in a statement. "She?remains an employee of the firm." But it does confirm that it is in discussions over a way to transition her out, based on what it says are performance issues separate to the discrimination case. "Because of long standing issues having no relationship or bearing on the litigation, Kleiner approached Ms. Pao to facilitate?her transition, over an extended period of time, out of the firm," the spokesperson says. "The proposed terms, that did not require Ms. Pao to waive any legal rights or claims,?are generous, fair and intended to support Ms. Pao in a successful career transition."

Source: http://feedproxy.google.com/~r/Techcrunch/~3/a4ekyMubuaU/

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