Ellen Pao drops lawsuit against Kleiner Perkins, agrees to pay legal fees

On Thursday, Ellen Pao, a former junior partner at venture capital firm Kleiner Perkins, dropped her gender discrimination lawsuit against the firm, saying, “I have gone as far as I can go and cannot commit the resources and time that would be needed to continue.”

Pao filed her lawsuit in 2012, alleging that she was passed up for promotions because of her gender and that senior members of the firm retaliated against her when she complained about harassment. The lawsuit made its way to a closely watched jury trial this March, putting both Pao, who was the interim CEO of Reddit at the time, and Kleiner Perkins under unwanted public scrutiny. At the end of the five-week trial, the jury decided against Pao and in favor of Kleiner Perkins.

Pao then signaled her intent to appeal as Kleiner Perkins asked for nearly $1 million in costs from Pao. A judge later reduced the firm’s request for costs significantly to just $276,000. In the meantime, Pao resigned from her position as CEO of Reddit after a number of decisions made by the company’s administration outraged Reddit users. Pao cited differences with the company’s board as her reason for departure.

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