Skip to content
Subscriber Only

Michael Moritz to Step Back at Sequoia Capital

Michael Moritz to Step Back at Sequoia Capital
Photograph by Noah Berger/Bloomberg

Michael Moritz, the prominent Silicon Valley investor who has backed companies such as Google, LinkedIn, PayPal, and Yahoo!, is stepping back from some of his responsibilities at his firm, Sequoia Capital, and has disclosed to the firm’s investors that he has a rare medical condition.

Moritz did not specify the nature of his illness. In a letter to limited partners sent on Monday morning and provided to Bloomberg Businessweek, Moritz wrote, “I have been diagnosed with a rare medical condition which can be managed but is incurable. I’ve been told that in the next five to ten years the quality of my life is quite likely to decline. Right now I feel fitter than ever and I hope that I’ll be one of the lucky ones who can live a full life and defy the statisticians. But there is no way of predicting this with certainty and thus for me life has assumed a different meaning and I am making some adjustments.”