Oyster Ventures
- Investor Kenneth Ballenegger was suspended from his firm Oyster Ventures after offensive posts on X.
- Ballenegger wrote on X that Israel should sterilize Gaza's population, among other remarks.
- His cofounder condemned the comments and said Ballenegger would be removed as a partner.
Venture capitalist Kenneth Ballenegger has been suspended from the US investment firm he cofounded, Oyster Ventures, after making offensive remarks on X on the Israel-Hamas conflict.
According to screenshots shared with Business Insider, Ballenegger wrote on Sunday: "After the war, Israel should handle Gaza like China handles Xinjiang. Full surveillance state. Re education camps. Sterilizations. It's warranted and the only way to pacify the jihadi population."