<![CDATA[Gawker: valleywag, divorce]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, divorce]]> http://gawker.com/tag/valleywag/divorce http://gawker.com/tag/valleywag/divorce <![CDATA[Attorney Letter in Sue Decker's Divorce Proceeding]]> Below, find the eight-page letter sent by attorneys representing Michael Dovey in his divorce from former Yahoo president Sue Decker. The letter, part of an effort to establish a mutually agreeable discovery process for the case, references allegations Decker used illegal drugs, bugged a private home and engaged in "extramarital affair(s)."

Click any page to see it at full size.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5379760&view=rss&microfeed=true
<![CDATA[Money Can't Buy Elon Musk Love]]> Why has Justine Musk, the estranged wife of the CEO of Tesla Motors, spoken out about their divorce and his new fiancée? It might have something to do with money, and Elon Musk's lack thereof.

Musk, the boss of and lead investor in the electric-car startup, was previously the cofounder of PayPal, a payments startup bought by eBay for $1.5 billion in 2002. So one would assume he's rolling in it. And cash for silence is the usual barter when the newly wealthy part ways with their first wives. But Justine Musk isn't taking that route. After reading a profile of Elon's current love interest, 23-year-old British actress Talulah Riley, who is 13 years her junior, she piped up:

When you are living part of your life in the public eye anyway — when you blog, when your divorce has been kicked out there for public consumption — when does this whole idea of "taking the high road" segue into this idea of being silent, silenced, even as someone appropriates your words to spin out a certain version of events?

Justine now disputes the notion, previously advanced by Elon, that the two were racing to the courthouse to file divorce papers. She says that she and her husband had completed all of three sessions of marital counseling when Elon gave her an "ultimatum":

"Either we fix [the marriage] today, or I will divorce you tomorrow."

The next morning, Justine found that her credit card had been cut off and thereby learned that he had gone ahead and filed for divorce. This is not the picture she painted last year of an amicable, mutual split.

The unraveling of the Musks' marriage appears to have happened in the space of a few short weeks in July. Elon met Talulah Riley, the star of St. Trinian's, in London on July 3. On July 18, Justine wrote about being "in the midst of some major drama." A week later, Riley escorted Elon to the opening of Tesla's auto showroom in Menlo Park. And soon afterwards, he proposed to her, Riley told the Daily Mail. A couple of weeks later, Justine wrote a biting blog entry about older men who date younger women:

I was thinking about the time a male friend, who is my age (mid thirties), and I had a bit of a spat in the driveway outside his lush hillside home. When I refused to buy into his argument and turned to go inside the house, I heard him say scornfully, "Yeah, that's it, go hang with the twenty year olds."

I thought: Dude, I'm not the one who's dating them.

Not that there aren't some mature early twentysomethings out there capable of dating anybody — just that his comment revealed more about men like him than any group of women. To wit: women that young are like children, and quality interaction happens between myself and fellow successful male peers. And yet that pool of "children" is where these same men go again and again to fish out the new girlfriend. Thus: my girlfriend is a child, but that's okay, because quality interaction happens elsewhere.

The next month, Justine went public with news of her divorce. She subsequently wrote:

We had a good run. We married young, took it as far as we could and now it is over. That's about all I can say for now, other than that it was a very sad and very necessary decision.

So why is she breaking her silence now? It could be her frustration with seeing her own words used to portray Elon as an honorable man who found a new love as his old one foundered. But it could also be that she has literally nothing to lose.

Acquaintances have been saying for some time that Elon is essentially broke, save for his illiquid stakes in Tesla Motors and SpaceX, his rocket-ship startup. We hear that he had to liquidate investments at a loss so he could participate in Tesla's most recent round of funding, and that he's couch-surfing with friends on his frequent trips from Los Angeles, where he lives, to Silicon Valley, where Tesla is based.

One hopes Riley and Musk really did bond over a mutual love of astrophysics.

(Photo of Musk and Riley via Daily Mail)

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5196054&view=rss&microfeed=true
<![CDATA[Why Flickr's Caterina Fake Is Launching Hunch on Her Own]]> Caterina Fake, who cofounded Flickr with husband Stewart Butterfield in 2004, has a new startup, Hunch, which may be launching soon. But where's the other half of the famous Web 2.0 couple?

To this day, every history of Flickr has an obligatory mention of the "husband-and-wife team" who started the photo site. Indeed, their relationship was a key part of the winsome story that made Flickr so appealing to reporters and consumers. But we've been hearing for some time that Butterfield and Fake are no longer husband and wife.

They have not worked together in years. After they sold Flickr to Yahoo in 2005 for a reported $35 million, Fake almost immediately took an executive role developing new products, while Butterfield stayed at Flickr as the site's often-diffident manager. They did manage one joint launch: the birth of their daughter Sonnet in 2007. Both left Yahoo last year.

Hunch, which we're told is going to be some sort of question-and-answer search engine, could be launching any day. Fake seems to have thrown herself into working at the New York-based as a chief product officer, a demanding job with a bicoastal commute. One of Fake's cofounders recently told an investor not to be concerned with Fake's availability to work, saying she was divorced. If they are, it's not clear if the couple has actually completed the process; a search of public records did not show a divorce agreement, and Fake and Butterfield did not respond to email inquiries. But their friends agree they are no longer together.

Last July, when she announced on her blog that she'd be joining the startup, she noted:

Will you be working with Stewart? No, he's currently weighing various metallurgical opportunities.

And there is this: Fake has posted only one photo to Flickr since last July: a screenshot of the original Flickr homepage. A wave of nostalgia, as she moves on to the new? Butterfield, meanwhile, seems to have no trouble making friends.

(Photo via caterina)

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5186422&view=rss&microfeed=true
<![CDATA[New Tesla Motors chief, novelist wife are divorcing]]> It's typical for aging entrepreneurs in mid-career to acquire a fancy new set of wheels. Elon Musk has instead acquired a job running a fancy carmaker — Tesla Motors, the electric-car startup he has backed from the get-go with the millions he made selling Internet companies. He is also getting a divorce, according to a blog post by his wife, fantasy novelist Justine Musk. This is no mere tawdry personal detail.

Do the geographical math. Until Justine threw him out this summer, the couple lived in a Bel Air mansion with their five children. Los Angeles is clearly a better locale for Justine to pursue her writing career. Tesla is based in the Bay Area. Word swept the Tesla office of a pending divorce after Elon showed up to the opening of Tesla's Menlo Park showroom with a "twentysomething actress," one attendee said. How he managed to pursue an affair while meddling in the affairs of Tesla and his other company, space-exploration startup SpaceX can only speak to Musk's off-the-charts time-management skills.

His decision to fire Tesla's CEO and take over the job himself just means more time away from his family. Only Elon and Justine know all the reasons why they are divorcing. And which came first — did Elon decide to throw himself into his work after realizing his marriage was a failure, or did his obstinate workaholism jeopardize his marriage?

Either way, it beggars belief to think the divorce wasn't a factor in the uproar at Tesla. That will be no comfort to the employees who will soon be laid off by a CEO going through a midlife crisis.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5064090&view=rss&microfeed=true
<![CDATA[Next up, Kaspersky will work on antidivorce software]]> Antivirus software company Kaspersky Lab plans to sell 20 percent of the company for $100 million to investors in a private placement next year, according to Russian newspaper Kommersant. Oh, this is juicy: Founder Eugene Kaspersky owns 50 percent of the company. His ex-wife, Natalya Kaspersky, owns 30 percent. [Quintura]

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5061730&view=rss&microfeed=true
<![CDATA[Did new Schwab CEO try to stiff ex-wife?]]> The Charles Schwab Corporation has predictably named its president, Walt Bettinger, to succeed its eponymous founder as CEO. Bettinger, like Schwab, is a scrappy entrepreneur, or so the canned corporate biography has it; he founded a company at the age of 22, which Schwab later bought. Not mentioned in Bettinger's bio: A court case involving a Walter W. Bettinger II and Laura Bettinger. In 2005, this Walter tried to get a $6,000/mo. child-support payment to Laura reduced, in part because the value of her Schwab account had increased. If that's the same Walt Bettinger, Schwab shareholders should be impressed: He may not have kept the marriage intact, but he successfully retained his ex-wife as a customer.

]]>
http://gawker.com/index.php?op=postcommentfeed&postId=5027937&view=rss&microfeed=true
<![CDATA[Billionaire Google sales exec's in-house romance]]> Affairs of the heart are never easy for outsiders to understand. But when they stray into the office, they, alas, become everyone's business. Which is why we asked, a while back, which Googler had put his marriage at risk over an affair with a coworker. As commenter notelling correctly guessed after we ran a blind item, it's Omid Kordestani, Google's top sales executive. Kordestani's no mere sales guy, however. For one, he's worth $2.2 billion, thanks to his Google shares. And inside the Googleplex, he's referred to as the company's "business founder," responsible for the fabulously successful money machine that is AdWords. With his stunningly beautiful and intelligent wife, Bita, shown above to the left, Kordestani might seem to have it all. But all was not enough.



Gisel HiscockKordestani's new love, as is widely known within Google, is Gisel Hiscock, a New York-based finance director for the company.

Before you commenters say it, allow me: Yes, her last name is singularly unfortunate. But since Hiscock joined Google in 2003, before its lucrative IPO, it's unlikely that she's after Kordestani for his money. One imagines she might be more interested in obtaining a new surname.

But back to business. One tipster describes Hiscock's role as "sales finance," a group that now reports to Google's CFO, not Kordestani. Hiscock, however, has been at Google since 2003, and at one point sales finance reported to Kordestani. It's not clear when the affair began, but it's possible that Hiscock was Kordestani's employee at the time. And Kordestani, given his importance to the company, holds unspoken authority within Google that reaches beyond his direct line of command.

Even then, Google's published code of conduct is silent on the propriety of romantic relationships between employees, even when there's a reporting relationship. So it's possible Kordestani and Hiscock did absolutely nothing against the rules. Except for this part:

One way to consider whether a given action, relationship, gift, etc. constitutes a conflict of interest is to imagine you are at a company meeting. Could you justify your actions in front of your peers?
Imagine if Kordestani were ever called on to explain his relationship with Hiscock? CEO Eric Schmidt, Google's adulterer supervision, might be all too understanding. But the rest of Google?]]>
http://gawker.com/index.php?op=postcommentfeed&postId=317881&view=rss&microfeed=true