Utah VC Pioneer Steps Down Amid Sexual Harassment Allegations

Greg Warnock, co-founder of Mercato Partners, is stepping back from his responsibilities following multiple sexual harassment allegations from female employees. Despite his significant contributions to Utah's tech scene, Warnock's actions have sparked a #MeToo reckoning within the local industry. Mercato Partners has taken steps to address workplace misconduct, but disputes some of the claims. The firm is undergoing organizational changes, including the separation of its early-stage fund and the scaling back of Warnock's role.