Everyone involved agrees on the basic facts about March 8, 2022 — a venture capitalist and a startup co-founder spent a big night on the sidelines of a Miami conference. There, agreement ends. Cailin Hardell says the middle-aged VC investor and another CEO backed by his firm got her drunk and sexually assaulted her. They maintain the encounter was consensual.
After Hardell reported the incident to the head of Blumberg Capital LLC, she claims in a lawsuit, the firm refused to provide more funding for her company, Segmed, unless she agreed to keep quiet about her complaint, and when she refused, Blumberg Capital sought to kill the startup. The firm said it fired the investor involved and denies the retaliation allegations.
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