[onion2k]

If actual fraud is not found what sort of message does this send to entrepreneurs that Benchmark is founder friendly?

I don't think "The VC company will sue me if they suspect I've committed fraud" is something many founders need to be concerned about.

[thinbeige]

But that's not the point. In this case it is quite obvious that the lawsuit is being employed to gain power and control. I don't see a clear fraud.

[rhizome]

I don't see a clear fraud

Your not being a party to the ongoing case, this doesn't surprise me. I don't think any of us knows enough to judge.

Furthermore, "weeding out fraud" could certainly be seen as "gain[ing] power and control," but it's not the most charitable interpretation.