Jonathan Teo, co-founder of Binary Capital, has released a statement regarding his experience with his former partner, Justin Caldbeck. Caldbeck recently stepped down from the company they founded together due to allegations of sexual harassment.
Earlier today, Teo posted the following statement to his FaceBook page:
In the wake of the sexual harassment allegations against Justin Caldbeck, he has since released a public apology, wherein he promised to seek professional counseling for his behavior after stepping down from his position at Binary Capital.
Netizens were quick to collectively eye roll at the statement:
Justin Caldbeck, venture capitalist and co-founder of Binary Capital, has announced that he will be stepping down from his company indefinitely in the wake of the sexual harassment allegations he’s currently facing. He also has vowed to seek professional counseling for his indecent, inappropriate behavior towards women.
I’m incredibly sorry https://t.co/ezK2y8UKkw