Hannah-Beth Jackson Targets Harassment In Venture Capital Industry With New Bill

A new bill is expected to be introduced this week by local Senator Hannah-Beth Jackson (D-Santa Barbara), to target incidents of sexual harassment in the venture capital industry. Jackson--who represents Santa Barbara the 19th Senate District, which includes all of Santa Barbara County and western Ventura County--said that she will introduce legislation when the California Legislature returns from summer recess, today, to specifically prohibit sexual harassment in the venture capital industry. The move comes after several high profile exposures of unwanted advances from venture capitalists, most notably, those of Justin Caldbeck at Binary Capital, and similar revelations with Dave McClure at 500 Startups. Hanna-Beth Jackson is looking to use Senate Bill 224 to amend the Unrah Act, to clarify that the law applies to women entrepreneurs.