One Partner Down: The Future of FA Technology Ventures
Last month, I wrote about how venture capitalist Giri Sekhar had been indicted for trying to blackmail a New York public pension official. The alleged story is that Sekhar threatened to disclose an extra-marital affair, unless the official helped secure a $25 million LP commitment to a new fund being raised by Sekhar’s fund. Sekhar’s case hasn’t progressed much since then, with the only available paperwork being the original three-page indictment. A rep from the Albany County DA’s office would only say that the case is “ongoing,” while Sekhar didn’t reply to email requests for comment. But I was curious as to what all this scumdrudgery means for FA Technology Ventures, the firm at which Sekhar had been a partner (he officially left in late December, just as the fan began to stink). A firm spokesman declined to comment, so let’s move onto anonymous sourcing:
