DFJ Investigating Allegations About Jurvetson

DFJ, the 32-year-old venture capital firm that backed Elon Musk’s Tesla and SpaceX, has hired an external law firm to investigate allegations against founding partner Steve Jurvetson, the firm said.

The Menlo Park, Calif. based firm started the investigation in August after rumors began circulating about Mr. Jurvetson, prompting press inquiries to the firm. In a statement to The Information, spokeswoman Carol Wentworth said the firm had “never received a complaint about the professional conduct of any of our partners or investment professionals.”

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According to DFJ’s website, Mr. Jurvetson is focused on venture investments in “unconventional” tech companies “that will transform massive industries.” He is known to be passionate about space travel and has been the partner personally involved in the firm’s investments in Tesla and SpaceX, on whose boards he currently sits. He was the founding VC investor in Hotmail and Interwoven, among others, and was also the first venture investor and board member at deep learning company Nervana, which Intel acquired in 2016.

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“Early this summer we became aware of indirect and second hand allegations about Steve Jurvetson and we immediately opened an independent investigation, which is ongoing at this time.”