The billionaire cofounders of Vista Equity Partners, one of America’s pre-eminent private equity firms, keep making news in San Francisco’s courts, and not in a positive way.
Just months after it was revealed that Robert F. Smith was embroiled in an alleged $2 billion tax fraud of Houston billionaire Robert Brockman, his onetime heir apparent, Brian N. Sheth, is connected to a legal battle involving Twitter posts that cast Sheth in a negative light.
According to a motion filed in federal court in San Francisco, there is a fight brewing between Twitter and a legal entity over an anonymous account posting pictures of women on private jets and at lavish parties, and making a connection with Sheth, the recently departed co-founder of Vista. It’s yielded a legal back and forth between Twitter and an entity seeking to remove the posts and reveal the identity…