perkins

Pao’s lawsuit against her former employer, the venerable venture capital firm of Kleiner Perkins Caufield & Byers.

Secondly, there was no risk that Kleiner Perkins would go bankrupt from the costs of litigation.

Looks like Kleiner Perkins is playing hard ball possibly not the best tactic given the high profile nature of the case.

Pao lost, so she compensates Kleiner Perkins for their expenses, or she accepts their offer.

Given her recent gender discrimination case against Kleiner Perkins and potential appeal, it would have made strategic sense to block anything sexist.

>> the judgment against Perkins will be suspended based upon her inability to pay Does this mean garnished wages or something similar?

She was previously fired from Kleiner Perkins for unsatisfactory performance.

Kleiner Perkins offered her $1M not to appeal.

Don't piss off Kleiner perkins, that's all I can say...

Discovery serves a useful legal purpose: you need evidence to pursue a case, and without legal force behind a request for evidence, Kleiner Perkins would have no reason to provide it.

It shows total concept for Reddit users and the same sort of dishonest personality that would try to destroy the credibility of her former employer Kleiner Perkins with false gender discrimination lawsuits for 100 million.

I'm not saying that it's okay to sue Kleiner Perkins because they have deep pockets, I'm saying that she's not using the threat of bankruptcy to coerce a settlement out of them.

Remember when Tom Perkins wrote a letter to the editor of the Wall St Journal saying that the wealthy are facing a "Kristallnacht"?

I mean, when I read, "After Pao lost her gender discrimination case against venture capital firm Kleiner Perkins she was appointed CEO of Reddit Inc and Reddit entered into a new age of censorship.

"Pao, who has said she would appeal, has offered to drop her case for $2.7 million, Kleiner Perkins said in a court filing earlier this month."

The deal, advised by Morgan Stanley, includes Singapore’s Temasek Holdings as well as venture-capital firms Kleiner Perkins Caufield & Byers, GGV Capital, China Broadband Capital and Horizon Ventures." That's a hell of a lot of Chinese investors.

She was filing a frivolous lawsuit against her former employer, private equity firm Kleiner Perkins, for sexual harassment.

Reminds me of the Psychology of Crowds work Aggregate Knowledge is doing (per an earlier post on Kleiner Perkins).

Just guessing, but it could be because he runs a competitor to Kleiner Perkins, who were tarred in the updated peice.