Moritz sabotages Sequoia, again [TechCrunch Blog]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: TechCrunch Blog
Hi! Michael Moritz is legendary for many of the investments he has led throughout his long career with the venture firm Sequoia Capital. Among his biggest hits: PayPal, Zappos and Google. Moritz stepped away from managing the firm some time ago (now partner Roelof Botha is its primary steward ), but continues to invest in startups and sit on boards. He’s a director at Instacart, Klarna and Stripe, for example. Sequoia’s limited partners must be exceedingly happy that Moritz continues to play an active role in the firm, which is considered among the most successful in Silicon Valley. His mere presence on a board is a signaling event. Still, we’re beginning to wonder if Sequoia’s investment team might wish Moritz would just keep his mouth shut. Two years ago, Moritz attracted unwanted attention to Sequoia during a Bloomberg interview in which he was asked why Sequoia’s U.S. partnership hadn’t yet hired a female partner. Moritz told interviewer Emily Chang t
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