Dragonfly Partners: Previously abandoned investment due to rumors of sexual harassment involving Eclipse CEO
ChainCatcher news, cryptocurrency risk fund Dragonfly partner Haseeb posted on X that his team decided to abandon the investment in the Eclipse project after hearing rumors about Neel Somani's history of sexual harassment during their due diligence.
Haseeb stated: "We believe that if we can hear such rumors, actual investors should also be aware. A founder's mistakes may be forgivable, but the long-term pattern of reported misconduct is intolerable. Nevertheless, it is embarrassing that such a person has received funding and conducted millions of dollars in secondary market trades before the token launch."
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