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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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TechChris Sacca

Chris Sacca Makes Public Apology for Tech’s Sexist Culture

By
Krishna Thakker
Krishna Thakker
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By
Krishna Thakker
Krishna Thakker
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June 30, 2017, 4:20 PM ET
Key Speakers At 2016 The Dreamforce Conference
Chris Sacca, founder of Lowercase Capital LLC, speaks during a Bloomberg West television interview at the DreamForce Conference in San Francisco, California, U.S., on Tuesday, Oct. 4, 2016. Salesforce.com Inc. isn't wasting any time putting its new acquisitions to use in a bid to strengthen its business software against larger rivals such as Microsoft Corp. New products unveiled Tuesday will blend the company's services with Quip, the document company Salesforce purchased in August for about $600 million. Photographer: David Paul Morris/Bloomberg via Getty ImagesDavid Paul Morris—Bloomberg via Getty Images
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With tech company Uber and venture capital firm Binary Capital having been recently accused of sexism and sexual harassment, popular investor Chris Sacca came forward about his own demeanor towards women in the tech sector.

“In social settings, under the guise of joking, being collegial, flirting, or having a good time, I undoubtedly caused some women to question themselves, retreat, feel alone, and worry they can’t be their authentic selves,” Sacca wrote in a post on Medium. He went on to say “I am sorry” on five different occasions in his post.

“By stupidly perpetuating a culture rife with busting chops, teasing, and peer pressure to go out drinking, I made some women feel self-conscious, anxious, and fear they might not be taken seriously,” he added.

Sacca admitted that, in an attempt to fit in with the guys, he did not step forward and use his power to stop the sexist culture around him. “I looked the other way and didn’t speak up at times I should have,” he wrote. “I didn’t highlight blatantly discriminatory hiring and I didn’t call bullshit on overtly gender-biased investing.”

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The “Guest Shark” on ABC’s Shark Tank added that he has been and will continue to attempt to improve the tech industry by backing female investors, mentoring women entrepreneurs in tech, and investing in their companies.

Sacca added that he had consulted with friends, family, and acquaintances on how he’s behaved towards women in the past.

“I’ve learned that it’s often the less obvious, yet pervasive and questionable, everyday behaviors of men in our industry that collectively make it inhospitable for women,” he wrote.

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