Mental health

VC firm addresses the mental health of founders

Illustration of a psychologist's couch in an open suitcase.
Illustration: Aïda Amer/Axios

Most venture capitalists aim to be "value-add" for their founders, providing advice and services beyond their primary role as financiers.

Why it matters: Freestyle Capital today is pushing this trend into mental health treatment.

Modern Health co-founder sues company, claims kickbacks

Illustration: Aïda Amer/Axios

The ousted co-founder of a Kleiner Perkins-backed startup claims that the company — which sells mental health services as an employee benefit — bribed and lied to prospective customers, according to a lawsuit filed in San Francisco Superior Court.

Why it matters: The allegations, denied in their entirety by defendant Modern Health and its CEO, dispute the honesty of those providing support to employees of such major companies as Netflix.