500 Startups head of Australia resigns, cancels chapter
August 11, 2017
Melbourne, Australia | Accelerator
Former Startmate partner Rachael Neumann has resigned from her position as the head of Australia for 500 Startups after sexual misconduct allegations against former 500 Startups leader Dave McClure surfaced in early July. LaunchVic, the Melbourne-based organization that was set to partner with the accelerator, has also pulled its support, per Axios, effectively scrapping the launch of 500 Startups' chapter in Australia. The firm's Canada fund also shut down following the McClure scandal, according to BetaKit.