Top Silicon Valley investor resigns as allegation of sexual assault emerges

Hours after investor Dave McClure resigned over inappropriate behavior, another female entrepreneur came forward with her story

A prominent Silicon Valley investor has resigned following allegations of sexual harassment, and just hours before a fresh allegation surfaced, this time of sexual assault.

Dave McClure resigned as general partner of 500 Startups, the seed investment group he co-founded in 2010, on Monday after several women accused him of inappropriate behavior. He had already stepped down as chief executive of the investment group following the allegations and published a blog post apologizing for being "inappropriate".