In light of allegations of sexual harassment and unwanted sexual advances, Binary Capital co-founder and managing partner Justin Caldbeck is taking an indefinite leave of absence, he said in a statement provided to TechCrunch.

In his apology statement, Caldbeck did not outright admit nor deny the allegations of the female founders who came forward. Instead, he directed his apology “first to those women who I’ve made feel uncomfortable in any way, at any time – but also to the greater tech ecosystem, a community that I have utterly failed.”

As Leslie Miley noted on Twitter, the way Caldbeck kicked off his apology letter with words are how hard the last 24 hours have been on him. That’s because women in tech and in the workplace at larger have been dealing with this type of nonsense since forever.

I don’t mean to minimize the sexual harassment, but I think that this is symptomatic of a more general culture of impunity, and I think that if a prosecutor with a background in white collar crime went to town with some forensic accountants, no small number of these “masters of the universe” would find themselves in jail.