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Shervin Pishevar is officially leaving Sherpa Capital

“I plan to focus now on the appropriate ongoing legal actions against those who are unjustly orchestrating the smear campaign against me.”

TechCrunch Disrupt SF 2016 - Day 3 Photo by Steve Jennings/Getty Images for TechCrunch

Shervin Pishevar is officially resigning from his post at venture firm Sherpa Capital to focus on an ongoing lawsuit he has filed against people who he claim have disseminated false sexual harassment claims.

Pishevar, who co-founded Sherpa Capital along with Scott Stanford, announced he would take a temporary leave of absence both from Sherpa and Hyperloop One on Dec. 5 after initial accusations of sexual misconduct by multiple women surfaced. Two days later, another female entrepreneur came forward with claims of sexual harassment.

“Unfortunately, it is no surprise that the untruthful attacks by those seeking to harm me and my family, including those willing to go so far as fabricating police reports, have continued unabated even after I announced my leave of absence from Sherpa,” Pishevar wrote in a statement. “My truculent opponents are out to settle scores that have nothing to do with Sherpa, and I refuse to allow my enemies to drag my Sherpa family into their fight with me.”

Pishevar is also a prominent donor to the Democratic Party; several politicians have reportedly said they will direct the money he donated to them to charities.

Pishevar, who was an Uber board observer for many years, has filed a lawsuit against Definers Public Affairs, an opposition research firm, which has denied spreading information about him.

The firm represents companies, from insurance behemoths to tech giants, that seek to dig up dirt on their competitors.

While Pishevar said in his lawsuit that he did not know which potential competitor or enemy Definers represented, he claimed that “one or more of his business competitors” hired the firm in a bid to “assassinate” his character “and therefore destroy his career.”


This article originally appeared on Recode.net.

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