This startup founder requires investors to disclose whether they have a history of sexual harassment before investing, in an act that her investors say is a 'no brainer'
, Giorgi says it is more uncommon for founders to ask the same types of diligence questions from its investors.
To help founders address the power imbalance between founders and investors, Giorgi's candor clause is "I just felt like that this is going to be a scary conversation," Giorgi said. "I really hoped that this isn't gonna be a dealbreaker." , said that was very much not the case. Managing Partner Alex Iskold said that when Giorgi first told him about the clause, it immediately seemed like a "no brainer," and compared disclosing allegations of sexual harassment to disclosing a criminal record.
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