Friday, August 4, 2017

How Indian startups are learning from Silicon Valley scandals


(Bloomberg) — As a spate of sexual harassment scandals rock Silicon Valley, half a world away in Bangalore startups are developing plans and strategies to avoid a similar disaster. From committing to deeper due diligence on founders to creating internal committees to handle complaints, Indian investors and entrepreneurs are pushing for greater scrutiny of the people behind up-and-coming technology companies. While Silicon Valley has long provided an inspiration to Indian startups, recent scandals that engulfed Dave McClure of 500 Startups, Chris Sacca of Lowercase Capital and Justin Caldbeck of Binary Capital are making it a cautionary tale. Travis Kalanick was…

This story continues at The Next Web

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