Ann Lai, a general partner at Bullpen Capital, has been fired from the firm, she says. The investor described the termination experience as “discriminatory and retaliatory” in a LinkedIn post published on Monday. Lai helped raise Bullpen Capital’s most recent fund, a $145 million investment vehicle, the first investment vehicle in which she was named an equal partner. Before joining Bullpen Capital in September 2020, Lai was a principal at Binary Capital, co-founded by investor Justin Caldbeck. When she resigned from that firm she attributed it to the sexist behavior that she said she witnessed while there. She claimed that Caldbeck, who has been accused of sexual harassment in the past, told her he would blacklist her from the industry if she spoke up.

Lai said that she filed a lawsuit – ultimately settled – to be able to break her NDA and tell others the reason behind her departure., as well as help others in the

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