Venture capitalist Shervin Pishevar has taken a leave of absence from Sherpa Capital and Virgin Hyperloop One in the wake of multiple sexual misconduct allegations, saying he plans to focus on pursuing a defamation lawsuit that he filed last month against a political opposition research group. Pishevar says that the decision is meant to “eliminate any potential distraction to the great and important work being done at these companies.”
Pishevar’s lawsuit claims that he was targeted for a “smear campaign” that fabricated false rumors about him, including one that said he had paid to settle a sexual assault accusation in London. Pishevar was indeed detained (but not charged) earlier this year in connection to a sexual assault. A Forbes...