Denver seeks dismissal of VC firm's 'payment dispute' on technical grounds
Danielle Shoots’ DEMI Fund says it provided sufficient documentation of expenditures. The city “vehemently disagrees.”
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Danielle Shoots’ DEMI Fund says it provided sufficient documentation of expenditures. The city “vehemently disagrees.”
Danielle Shoots devoted the majority of her resignation letter to the topic of love. The city has yet to respond to DEMI Fund’s lawsuit.
Denver was supposed to provide a new VC firm with $15 million over 3 years but the firm sued the city last week for nonpayment. While city declined to comment, BusinessDen reporting revealed Denver has no accounting of how the investments are performing.
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