News broke on Friday that Zain Jaffer, ex-CEO of mobile ads startup Vungle, was arrested for child abuse (including a charge of oral copulation of a person under 14), assault, and attempted murder. 

The company replaced Jaffer as CEO a day before the allegations were reported in the tech press. The San Mateo County Sheriff's website indicates that an inmate named Jaffer is being held at the Maple Street Correctional Center in Redwood City, California. 

Jaffer was featured as part of Inc.'s 35 Under 35 Coolest Entrepreneurs package in 2014. His next scheduled court date is Nov. 1, according to the San Mateo County Sheriff's records.

Update: Over the weekend, Vungle's new CEO Rick Tallman issued a statement, saying: "We are aware of the extremely serious allegations leveled against our former CEO, and we are shocked beyond words." The 200-employee company learned of the allegations last Monday, "convened a board meeting, removed him as CEO and I was appointed permanent CEO all within 24 hours," Tallman said. "Everyone at the company is appalled and deeply saddened by these events."

Published on: Oct 20, 2017