Dallas venture capitalist Stephen Hays pleaded guilty to attempted assault and extortion (updated)

Stephen Hays is the managing partner of Deep Space Ventures, a $20 million venture capital fund based in Dallas. He’s also pleaded guilty to a couple of serious legal charges. What that means is a matter of interpretation in a dispute over the details of an ugly scene near a bar at a ski resort.

In November, Hays pleaded guilty to attempted assault and attempted extortion. Judge Paul Dunkelman in Eagle County District Court (the court with jurisdiction over Vail, Colorado) sentenced Hays to 90 days in jail and four years of probation. The jail sentence was suspended, and the sentence on the attempted extortion charge was deferred. Hays also now faces a civil suit related to the case, and he has countersued, alleging he was both physically and sexually assaulted during the same incident.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.