"Despite twists and turns in recent years that have sometimes rivaled those of a telenovela, and even with its most famous member, John Doerr, no longer a general partner, Kleiner Perkins has raised two new funds totaling $1.4 billion, show newly processed SEC filings." - Connie Loizos, TechCrunch, June 29, 2016. Here is the article.
A billion dollars went to the VC firm's digital growth fund. And 400 million dollars went to a new early-stage fund.
So, what is obvious is that a high-profile lawsuit doesn't necessarily destroy an organization's reputation.
At the time its former employee Ellen Pao filed her gender discrimination complaint - "Pao v. Kleiner" - many feminists were throwing rotten tomatoes at the VC firm. When I posted my doubts about the merits of her case on a blog and then tweeted that, I was depicted as having the mindset of cavewoman.
As the trial went along, Pao's personality became an issue. She seemed to have problems being part of a group. Also the evidence wasn't strong. No surprise, the jury acquitted defendant Kleiner on all counts.
Now, look where Kleiner is. Whole and growing.
Will either of those generate enough money for her to resume the high life? It had been contended by some that she used the lawsuit as a kind of hail mary pass to become financially solvent. That conjecture was not allowed to be introduced in the trial. Here is the Vanity Fair expose of the Pao's household's downward financial trajectory. Her husband, Buddy Fletcher, had been experiencing hard economic times.