Photo illustration: Lazaro Gamio / Axios

It looks like Jonathan Teo isn't going down without a fight, several months after his venture capital firm was subsumed by a sexual harassment scandal involving co-founder Justin Caldbeck.

New development: Axios has obtained a letter sent on Friday to limited partners in Binary Capital's second fund, which "constitutes notice of the General Partner's intent to dispute the validity of its purported removal." It adds that the removal "shall be deferred" until the outcome of an arbitration process. No comment yet from Teo.

Again, this time in English: Binary's investors in late August decided to effectively fire current Binary management, which means Teo would lose both responsibility for the portfolio and associated fee income. He is arguing that an arbiter must decide his fate, despite his prior offer to resign.

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The pandemic is getting worse again

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Data: The COVID Tracking Project, state health departments; Note: Due to a database error, Missouri had a 3 day gap in reporting from Oct. 11-13; Map: Andrew Witherspoon/Axios

Every available piece of data proves it: The coronavirus pandemic is getting worse again, all across America.

The big picture: As the death toll ticks past 212,000, at a moment when containing the virus ought to be easier and more urgent than ever, we are instead giving it a bigger foothold to grow from.

SurveyMonkey poll: Young voters' red-state blue wall

Data: SurveyMonkey; Chart: Danielle Alberti/Axios

There are only five states in the U.S. where voters younger than 35 embrace President Trump over Joe Biden, and none are swing states, according to new 50-state SurveyMonkey-Tableau data for Axios.

Why it matters: These scattered red spots in a sea of blue vividly illustrate Trump's peril if young people were to actually turn out this year. Put another way, Trump's path to re-election depends heavily on younger adults staying home.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Chris Christie: Wear a mask "or you may regret it — as I did" — Senate Democrats block vote on McConnell's targeted relief bill.
  2. Economy: Why the stimulus delay isn't a crisis (yet).
  3. Health: New York reports most cases since MayStudies show drop in death rate.
  4. Education: San Francisco public schools likely won't reopen before the end of the year.
  5. World: Spain becomes first nation in Western Europe to exceed 1 million cases — France becomes the second.

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