"Candor clause" helps keep male investors, partners in line

April 8, 2019 at 12:00 AM
by Chameleon Strategies Consulting
Macro view of jelly fishes

Adding a "candor clause" to her contracts was one way Soona co-founder Elizabeth Giorgi reacted to a potential investor who sent naked selfies to her after their meeting. "I would say that half of [the more than 100 female founders I've spoken to] have a story," she says, noting that the new clause helps address troublesome dynamics up front by requiring disclosure of any previous allegations of discrimination or sexual harassment.

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