![]() ![]() "As a female majority team, we do not take this lightly," reads the tweet. Minutes later, Unshackled Ventures, an early-stage fund for immigrant founders, posted a brief statement calling the allegations "disturbing." The firm also participated in Dispo's October seed round and told TechCrunch it would also donate any profits to groups dedicated to survivors of sexual assault. ![]() Ohanian could not be reached directly for comment. "We have believed in Dispo's mission since the beginning and will continue to support the hardworking team bringing it to life." "We have made the decision to donate any profits from our investment in Dispo to an organization working with survivors of sexual assault," the firm posted. Seven Seven Six, an early-stage venture capital firm created by Reddit's Alexis Ohanian, tweeted Monday that the allegations "are extremely troubling and are directly at odds" with the firm's values. ![]() DoorDash, Honey, General Mills and Angel City Football Club also dropped sponsorships.Įarly-stage investors are beginning to speak up about the allegations and reports. The woman said Dobrik had been present that night before the assault, filming.ĭays after the story was published, a handful of Dobrik's sponsors, including HelloFresh and the Dollar Shave Club, ended their partnerships with the social media influencer. The departures come on the heels of a report from Business Insider last week that outlined the story of one woman who said she was sexually assaulted by a former member of the content creator group Vlog Squad. Meanwhile, Dobrik, a co-founder of the Los Angeles company, said he has stepped down from Dispo, according to a report from The Information. The firm did not directly address its investment and could not be immediately reached for comment. "We have stepped down from our position on the board and we are in the process of making arrangements to ensure we do not profit from our recent investment in Dispo," the venture capital firm posted on Twitter. ![]()
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