Michael Moritz

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Michael Moritz
Moritz at TechCrunch40, September 2007
Moritz at TechCrunch40, September 2007
Born 1954/1955 (age 57)[1]
Cardiff, Wales
Residence San Francisco, California
Citizenship United States
Education Christ Church, Oxford University
Wharton School of the University of Pennsylvania
Occupation Partner at Sequoia Capital[2]
Net worth increase US $ 1.8 billion (est.)(March 2011)[1]
Board member of 24/7 Customer, Gamefly, Green Dot, Kayak.com, Klarna, LinkedIn and Sugar Inc.
Spouse Married, 2 children

Michael Moritz (born 1954) is a Welsh-American venture capitalist with Sequoia Capital in Menlo Park, California in Silicon Valley, a former member of the board of directors of Google Inc.[3][4] and author.

[edit] Life and career

Moritz was born in Cardiff, Wales. He was educated at Howardian High School in Cardiff before moving on to Christ Church, Oxford, where he graduated as a Master of Arts in history. In 1978, he received a Master of Business Administration degree from the Wharton School of the University of Pennsylvania as a Thouron Scholar.[3][5]

Moritz joined Sequoia in 1986 after working as a reporter for Time, writing the 1984 book The Little Kingdom: the Private Story of Apple Computer, and co-authoring "Going for Broke: The Chrysler Story" (with Barrett Seaman, TIME's Detroit bureau chief). After leaving Time, Moritz co-founded Technologic Partners, a technology newsletter and conference company.[3]

His internet company investments include Google, Yahoo!, PayPal, Apple Computer, Cisco, Webvan, YouTube, eToys, and Zappos.[6] He currently sits on the Board of Directors of 24/7 Customer, Gamefly, Green Dot Corporation, Kayak.com, Klarna, LinkedIn and Sugar Inc.[7] Google was a rare co-investment with John Doerr of rival venture capital firm Kleiner Perkins Caufield & Byers,[8] and the initial public offering of the company in 2004 made him one of Wales' richest men.[9] His investment in Google helped him achieve the number one listing in Forbes' "Midas List" of the top dealmakers in the technology industry in 2006 and 2007,[10] and a place on the 2007 "TIME 100".[11] He ranked number 2 on the Midas List for 2008[12] and 2009.[13] He is listed by The Sunday Times as having a fortune of UK£558 million (circa US$1.1 billion).[14]

On 18 June 2008, Michael Moritz and his wife, American novelist Harriet Heyman, announced a donation of US$50m to Christ Church, Oxford, his former college, the largest single donation in the college’s history.

In 2009, 25 years after "The Little Kingdom," Michael Moritz published a revised and expanded follow-up: "Return to the Little Kingdom: How Apple and Steve Jobs Changed the World" is available from The Overlook Press.[15]

On 12 July 2010, Michael Moritz was conferred a Honorary Fellowship from Cardiff University,[16] where his father had previously been employed.

He lives in San Francisco with his wife and two children.[3][9] He was a prominent supporter of President Barack Obama's candidacy.

[edit] References

  1. ^ a b "Michael Moritz - Forbes". Forbes. March 9, 2011. http://www.forbes.com/profile/michael-moritz. "Net worth: $1.8 Billion" 
  2. ^ "Michael Moritz Bio". http://www.sequoiacap.com/people/michael-moritz/. Retrieved 2007-11-14. 
  3. ^ a b c d Michael Moritz's profile, LinkedIn.com
  4. ^ "Michael Moritz Will Not Seek Re-Election to Google's Board of Directors", Google press release, March 22, 2007
  5. ^ http://www.thouronaward.org/docs/thouronnewssu07.pdf}}
  6. ^ "Gags-to-riches tale of the Welsh wizard who bet on YouTube", Heather Connon, The Observer, October 15, 2006
  7. ^ http://www.sequoiacap.com/us/michael-moritz
  8. ^ "Google Receives $25 Million in Equity Funding", Google press release, June 7, 1999
  9. ^ a b "Google investor to earn £1.3bn", BBC News, May 1, 2004
  10. ^ "#1 Michael Moritz", Forbes.com Midas List 2007, January 25, 2007
  11. ^ "Builders & Titans: Michael Moritz", Eric Schmidt, TIME, May 2007
  12. ^ "#2 Michael Moritz", Forbes.com Midas List 2008, January 24, 2008]
  13. ^ "#2 Michael Moritz", Forbes.com Midas List 2009, January 29, 2009]
  14. ^ "Sir Terry still 'Wales richest'", BBC News, April 29, 2007
  15. ^ [1]
  16. ^ [2], Cardiff University Fellows 2010

[edit] External links

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