mike-moritz

Sequoia's Michael Moritz: VCs need to stop with the "hot air and arrogance"

Nicholas Carlson · 05/12/08 10:20AM

After reading our take on VC blogger Fred Wilson's advice that entrepreneurs need to learn how to "ask for the order," Persai cofounder Ted Dziuba commented: "Methinks Fred Wilson doth blog too much." We disagree, if only because Wilson is such a fruitful source. But at a venture capital conference in San Francisco last week, Sequoia Capital's Michael Moritz seemed to second the notion. "There's a lot of hot air and arrogance in the business that we all would be better off without," Moritz told the conference crowd. Moritz said he disapproved of "useless pontificating in front of entrepreneurs working harder than we are." Kleiner Perkins VC John Doerr concurred: "At Kleiner, we're trying to watch our language." This from the guy who said the Internet was underhyped — and then invested in Friendster. (Photo by b_d_solis)

Watch your back, Gavin Newsom

Chris Mohney · 02/08/07 12:20PM

Despite a mere hiccup in electoral support, San Francisco mayor Gavin Newsom may be enduring just the beginning of fallout from his affair with the wife of his campaign manager, Alex Tourk. Word around the Valley is that angel investor Ron Conway is cutting his ties with Newsom, making it clear that his loyalties lie with Tourk (Conway's wife Gayle is said to be particularly unamused by Newsom's antics). Further, Sequoia super-VC Mike Moritz has canceled a Newsom fundraiser, though it's unclear if it was to be a campaign event or something for Newsom's charity, SF Connect. The Mayoral Abandonment Watch is on. If you hear of anyone else heading for the lifeboats, let us know.