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UPDATE 1-Venture firm co-founder McClure resigns, partner quits over harassment scandal

harassment scandal@ (Adds Yin resignation, details)

SAN FRANCISCO, July 3 (Reuters) - Prominent Silicon Valley investor Dave McClure said on Monday he had resigned as a partner at the venture capital firm 500 Startups, and another partner at the firm said later that she had quit due to the way sexual harassment allegations were handled.

McClures resignation came after entrepreneur Sarah Kunst accused the investor of sexual harassment in a New York Times story published on Friday. Kunst said McClure sent her inappropriate Facebook messages after shed sought a job at the firm.

In best interest of z500Startups & at request co-founder zchristinettsai, I am resigning effective immediately, McClure wrote on Twitter. The firm confirmed the resignation.

Following the Friday report, 500 Startups initially responded by demoting McClure from his role, saying he would no longer be involved in the firm's day-to-day operations.

In a blog published Friday by 500 Startups Chief Executive Christine Tsai, saying that a decision to change the firms leadership had occurred months ago and that McClures role had been limited.

But pressure for his resignation mounted throughout the weekend.

Also on Monday, Elizabeth Yin, who has been a partner with 500 Startups since October 2014, said in a note to colleagues that she had resigned from the firm on Saturday after members of the management team continued to deny misconduct on McClures behalf.

Its become clear to me over the last month that I can no longer be part of this organization, Yin said in the note, which was obtained by Reuters. The actions that 500 has undertaken have deviated from its mission, and I can no longer continue to represent this organization.

McClures initial demotion was only made public after he was publicly accused of sexual misconduct by entrepreneur Sarah Kunst in a New York Times story on Friday.

Yin said in her note that following the publication of the piece, members of 500 Startups' management team continued to deny allegations against McClure, according to screenshots of the companys Slack channel that were included in Yins note.

Tsai did not immediately respond to a request for comment about Yin's note.

Im gravely disappointed that these now seemingly positive outcomes are only coming about because of pressure from the press and public rather than out of doing the right thing, Yin wrote.

Yin did not respond to a request for comment. (Reporting by Salvador Rodriguez; Editing by Gabriella Borter)