Sequoia partner Michael Moritz stepping back due to illness
Michael Moritz, the Welsh-born American who helped turn Sequoia Capital into one of tech's juggernaut venture capital companies, is "stepping back" from day-to-day operations because of a medical condition.
Moritz will become Sequoia's chairman and will continue to take on new companies, Andrew Kovacs, a Sequoia spokesman told CNET today. Moritz said in an e-mail he sent early in the day to friends and colleagues that he feels "fitter than ever."
But Moritz, 57, also said in the note that he has been diagnosed with a rare medical condition that he described as "… Read more