Startup’s CEO meets clients at strip club, fired over $76,000 bill – Times of India

The board of Turvo Inc has accused the co-founder, Eric Gilmore, of expensing $76,120 at strip clubs over a three-year span and removed him as CEO in May, according to legal filings. Gilmore, 39, didn’t deny the accusations, but he sued the company, claiming the board didn’t follow the proper protocol for his termination. Turvo said it did, and they settled in September. Gilmore declined to comment through a spokesman.
The stripper-related expenses spanned most of the firm’s life, and Gilmore made no attempt to conceal them. Strip clubs represented more than half of the $125,000 in entertainment charges.
Current CEO Scott Lang said he’s focused on helping the company move past the scandal. The startup makes software to help firms track the movement of freight and is backed by about $85 million in venture capital. In his first interview since taking the job-,when asked about trying to win over prospective clients at stripper joints, Lang said: “Never have. Never will.”
The situation at Turvo, which hasn’t been previously reported, illustrates the steps some boards are taking to quietly address allegations of misconduct before they become public. The #MeToo movement has claimed the jobs of many technology executives, such as Kris Duggan of Betterworks Systems Inc and Andy Rubin of Essential Products Inc. Often, the consequences only arrive after allegations are published in the news.


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