Michael Moritz
Michael Moritz | |
---|---|
Born | 1954 or 1955 (age 69–70)[1] |
Citizenship | United States |
Education | Christ Church, Oxford University Wharton School of the University of Pennsylvania |
Occupation | Partner at Sequoia Capital[2] |
Board member of | 24/7 Customer, Gamefly, Green Dot, Kayak.com, Klarna, LinkedIn and Sugar Inc. |
Spouse(s) | Married, 2 children |
Michael Moritz (born 1954) is a Welsh-American venture capitalist with Sequoia Capital in Menlo Park, California in Silicon Valley, and a former member of the board of directors of Google Inc.[3][4]
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.[3]
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.[5] He currently sits on the Board of Directors of 24/7 Customer, Gamefly, Green Dot Corporation, Kayak.com, Klarna, LinkedIn and Sugar Inc.[6] Google was a rare co-investment with John Doerr of rival venture capital firm Kleiner Perkins Caufield & Byers,[7] and the initial public offering of the company in 2004 made him one of Wales' richest men.[8] 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,[9] and a place on the 2007 "TIME 100".[10] He ranked number 2 on the Midas List for 2008[11] and 2009.[12] He is listed by The Sunday Times as having a fortune of UK£558 million (circa US$1.1 billion).[13]
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.[14]
On 12 July 2010, Michael Moritz was conferred a Honorary Fellowship from Cardiff University,[15] where his father had previously been employed.
He lives in San Francisco with his wife and two children.[3][8] He was a prominent supporter of President Barack Obama's candidacy.
References
- ^ a b
"Michael Moritz - Forbes". Forbes. March 9, 2011.
Net worth: $1.8 Billion
- ^ "Michael Moritz Bio". Retrieved 2007-11-14.
- ^ a b c d Michael Moritz's profile, LinkedIn.com
- ^ "Michael Moritz Will Not Seek Re-Election to Google's Board of Directors", Google press release, March 22, 2007
- ^ "Gags-to-riches tale of the Welsh wizard who bet on YouTube", Heather Connon, The Observer, October 15, 2006
- ^ http://www.sequoiacap.com/us/michael-moritz
- ^ "Google Receives $25 Million in Equity Funding", Google press release, June 7, 1999
- ^ a b "Google investor to earn £1.3bn", BBC News, May 1, 2004
- ^ "#1 Michael Moritz", Forbes.com Midas List 2007, January 25, 2007
- ^ "Builders & Titans: Michael Moritz", Eric Schmidt, TIME, May 2007
- ^ "#2 Michael Moritz", Forbes.com Midas List 2008, January 24, 2008]
- ^ "#2 Michael Moritz", Forbes.com Midas List 2009, January 29, 2009]
- ^ "Sir Terry still 'Wales richest'", BBC News, April 29, 2007
- ^ [1]
- ^ [2], Cardiff University Fellows 2010
External links
- Sequoia Capital Website
- Michael Moritz interviews Marc Andreesen (Netscape, Opsware, Ning), David Filo (Yahoo) and Chad Hurley (YouTube) at TechCrunch40 conference video
- NY Times- C.E.O. Libraries Reveal Keys to Success
- Business Week- Lessons from a Long-Ball Hitter
- Video of Michael Moritz on growing up in Wales, attending Oxford and working with entrepreneurs