Site icon MSN Technology

One of Elon Musk’s longtime VCs is suing his former employer after allegedly being fired

gavel messy legal

Josh Rafaili, who has deep roots as Silicon Valley’s investor and has supported several companies of Elon Musk, is prosecuted by his ex -employer, a large -scale dollar Om Brookfield asset administration, The New York Times is reported.

Most of the complaints of Rafaley feared how Brock Field covered the property related to pandemic diseases, and alleged that the company sacked it after lodging a whistleblower complaint in the SEC. He told the Times that his trial makes allegations such as fraud and bribery, while Brock Field strongly denies any wrongdoing, he told the Times.

In February, Brockfield quietly closed the Venture Capital Unit under Rafli and turned some assets into another unit, Bloomberg reported at this time. One of the complaints of Rafaeli in this case is that Brock Field did not buy as much stock as he had to buy in the company owned.

The suit alleges that Rafaley had deals to buy Musk companies in Musk companies like Space X, Z, and Boring Company. Bloomberg reports, and his Brookfield Fund was a huge supporter of Musk’s Twitter occupation.

This is a very public war for Rafiili, who previously worked as a partner in the VC firm, which was then known as Dripper Fisher Jorwarton. (Today, this is a collection of funds.) In the DFJ, Brookfield helped the firm invest in Musk companies like Solarity (obtained by Tesla), Space X and Tesla.

Source link

Exit mobile version