Why a Former Top Lawyer at Peter Thiel's Mithril Is Suing the VC Firm

The transcript details allegations against AJ Ryan, founder of Mithril Capital, for misusing investor funds and lying about management fees. The speaker, who faced retaliation for reporting these issues, discusses the legal actions taken and the response from Mithril. The transcript also covers valuation issues in the VC world and Peter Thiel's role in the situation. The speaker seeks continued government investigation without interference.

What action did the speaker take after internal efforts to address the issues at Mithril Capital failed?

• Publicly accused Peter Thiel

• Resigned from Mithril Capital

• Reported the issue to the SEC

• Filed a lawsuit against AJ Ryan

What was AJ Ryan accused of doing with the management fees?

• Donating the fees to charity

• Pocketing the fees and lying to investors

• Waiving all fees for investors

• Investing in new tech companies

What is a major issue in the VC world mentioned by the speaker?

• Lack of innovation

• High valuations without public market price discovery

• Excessive government regulation

• Shortage of investment opportunities

Why was Peter Thiel not named in the lawsuit?

• He actively participated in the fraud

• He had already taken action against AJ Ryan

• He was not a partner or officer at Mithril

• He was unaware of the fraud

What is the speaker's immediate desired outcome from the situation?

• A new management team at Mithril

• A settlement with Mithril Capital

• A public apology from AJ Ryan

• Continuation of the government investigation without interference