[Jess]

Any other other smb/Mca backed by Lightspeed or Binary Capital? I know that Bluevine is backed by Lightspeed. Thanks

[Kevin Henry-Seacoast]

Jess,

Lightspeed is an investor for sure and has done several rounds. I didn't think Binary was..... I think Binary is having some human resource (putting it lightly) issues right now.

[Jess]

Jess,

Lightspeed is an investor for sure and has done several rounds. I didn't think Binary was..... I think Binary is having some human resource (putting it lightly) issues right now.

Lightspeed's actions make Binary look good and Binary is closing down. I think Lightspeed might be go the same route, given it's actions. Had to give up 2% of its holdings in Stitch Fix due to Caldbecks actions. 2% of a pending $7 billion IPO is a lot of coin.....If I was an LP I would be livid. But it was Bain Ventures.....(Matt Harris claims to have ZERO IDEA about Caldbeck despite the fact he worked there for 6 years) that created this d-bag. Some of Binary's portfolio companies are trying to buyback the Binary investment. Wondering if Lightspeed's portfolio will follow.

[Kevin Henry-Seacoast]

That's right...Justin did work at Bain before Lightspeed. I met him when he was at Bain years ago. His brother was at a consumer focused PE shop at the time. I have spoken with Harris, but never met him. The LPs must be barking pretty hard on this one.

[Jess]

That's right...Justin did work at Bain before Lightspeed. I met him when he was at Bain years ago. His brother was at a consumer focused PE shop at the time. I have spoken with Harris, but never met him. The LPs must be barking pretty hard on this one.

Binary's LPs pulled.

Lightspeed's LPs, (regardless of whether or not they care about sexual harassment per se)-- directly suffered a material financial loss (2% of stitch $7 billion IPO) due to the actions of Caldbeck.

Bain Ventures and Matt Harris untouchable-hopefully not mentoring the next generation of Caldbecks.

This stuff makes me sick personally-professionally I'm just waiting to see if it impacts Bluevine.

[Kevin Henry-Seacoast]

Binary's LPs pulled.

Lightspeed's LPs, (regardless of whether or not they care about sexual harassment per se)-- directly suffered a material financial loss (2% of stitch $7 billion IPO) due to the actions of Caldbeck.

Bain Ventures and Matt Harris untouchable-hopefully not mentoring the next generation of Caldbecks.

This stuff makes me sick personally-professionally I'm just waiting to see if it impacts Bluevine.

Just because you went to Harvard and wore wing-tips doesn't mean your not a dirt bag.



Matt from BlueVine is a frequent visitor to this board and is usually pretty transparent about what they are doing. The investor base might be above his pay-grade, but I think if he knew he would be open if asked.

[Jess]

Matt from Bluevine. What's up with this? Fallout from Lightspeed.