Reporter-Turned-Billionaire VC Michael Moritz Shares His Top 10 Rules For Success
He's a Welsh-born venture capitalist with Sequoia Capital in Silicon Valley. He's a former member of the board of directors of Google. He has an estimated net worth of $3 billion. He's Michael Moritz, and here are his top 10 rules for success.
1. Stay in touch with your product.
He received a master of business administration degree from the Wharton School of the University of Pennsylvania.
2. Seek out excellence.
He worked for many years as a journalist.
3. Be ready to seize the opportunity.
When he was a reporter for Time magazine, Steve Jobs contracted him to document the development of the Mac.
4. Do what excites you.
In 1986, he joined Sequoia after co-authoring Going for Broke: The Chrysler Story
5. Think about tomorrow.
After leaving Time, he co-founded Technologic Partners, a technology newsletter and conference company.
6. Care deeply.
His internet company investments include Google, Yahoo!, PayPal, Webvan, YouTube, eToys and Zappos.
7. Follow your instincts.
He currently sits on the boards of 24/7 Customer, Earth Networks, Klarna, LinkedIn, Stripe and Sugar Inc..
8. Be ready to move on.
He ranked number one on the Midas List for 2006 and 2007.
9. Indulge your passion.
On July 12, 2010, he was conferred an Honorary Fellowship from Cardiff University.
10. Learn from Steve Jobs.
He was appointed Knight Commander of the Order of the British Empire.
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