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The Latest Breaking News from Michael Moritz

Klarna Group plc Shares Surge 8.8% on Chairman's $50 Million Buy Amid Post-IPO Volatility

Klarna Group plc (NYSE: KLAR), the Swedish fintech giant known for its "buy now, pay later" services, saw its shares climb sharply in recent trading as Board Chairman Michael Moritz acquired approximately $50 million worth of stock, signaling confidence in the company's long-term prospects despite ongoing market pressures following its…

International Business Times

Irony much? This Jewish British billionaire wants to move to Germany over UK's ‘anti-Jew’ stance

A prominent Jewish billionaire, Sir Michael Moritz, born in Britain, is seeking German citizenship. He feels Britain has become an uncomfortable place for Jews today. Moritz believes Germany's civic identity is built on confronting its past. This move highlights growing concerns within Britain's Jewish community about social cohesion and belonging.

The Times of India

Welsh billionaire seeks German passport due to antisemitism in the UK

‘Britain is an uncomfortable place for Jews today’, investor Sir Michael Moritz said

Evening Standard

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Bill Gates Once Took Out The Tuner From A TV He Purchased For This Reason, He Also Stopped Listening To Music For 5 Years

Sequoia Capital investor Michael Moritz says Bill Gates' early career showed focus few founders match.

Benzinga

Bill Gates Once Had A 'Gaping Hole' In His Dashboard: Sequoia's Michael Moritz Recalls Being Chauffeured By A Future Billionaire Obsessed With A 7-Minute Commute While Building Microsoft

Venture capitalist Michael Moritz of Sequoia Capital revealed an extraordinary anecdote about Microsoft Corp. (NASDAQ:MSFT) co-founder Bill Gates that perfectly captures the obsessive focus that drove one of America’s most successful tech entrepreneurs to billionaire status.

Benzinga

Europe's biggest VCs are going to war over adopting China's 996 ‘always on’ culture

The bosses of multibillion-dollar funds disagree over how much a worker needs to be "on" in order to succeed.

Fortune

A new political force: San Francisco’s mayoral election is a litmus test for tech elite’s influence

In recent years, money has poured into local politics as wealthy financiers try to remake the landscape of the city

The Guardian - US

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VCs are unfazed by recession jitters—here’s why

Yesterday, the S&P 500 closed down by 3%, clocking its biggest single-trading-session loss since 2022. But talking to VCs the message I got was pretty self-assured: We’re not worried.

Fortune

Inside tech billionaires’ push to reshape San Francisco politics: ‘a hostile takeover’

The Guardian and Mission Local unravel ‘grey money’ network flooding the progressive city with conservative cash

The Guardian - US

'I went on holiday with my dad and it wasn’t a total disaster'

Borgo Pignano, in the Tuscan hills, was the perfect place for Robbie Smith and his father to reconnect

Evening Standard

Elon Musk lives life like he’s playing a video game—from ‘demon mode” to gleaning life lessons from ‘Polytopia’

"Elon Musk," a biography that recounts the childhood, career, and personal life of the billionaire, hit shelves on Tuesday.

Fortune

Eight things we learned from the Elon Musk biography

Widespread access to world’s richest man allowed biographer Walter Isaacson to detail a number of illuminating anecdotes

The Guardian - UK

Rudy Giuliani ‘mob scene’ turned Elon Musk off seeking advice, new book says

Biography by Walter Isaacson contains colorful nugget of then New York mayor seeking 10% stake in PayPal in return for advice

The Guardian - US

Tech heavyweights, dissatisfied with San Francisco, are planning their own enclaves—following a tradition among wealthy Americans

Silicon Valley elites like Mark Moritz, Reid Hoffman, and Laurene Powell Jobs are over the city—and have put $800 million toward a new one

Fortune

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Zenger

Sequoia Capital Undergoes Major Changes Amidst Market Volatility And Departure Of Key Investors‌

Long-standing Partner Michael Moritz shifts focus to wealth management business, several other partners step down.

Fortune

Oddity—the tech-fueled parent company of makeup brands Il Makiage and SpoiledChild—pulls off a positive Nasdaq IPO

The makeup brand company delayed its public offering for a year—and during that time net income rose 553%.

Wales Online

Why Wales' richest man losing £667m could affect us all

'We think it's very important in a functioning democracy that it's known where wealth lies and where it's accumulated'

Wales Online

How Wales' rich list has changed over the past decade

Five men have consistently appeared at the top of the rich list in Wales

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Wales Online

The richest young people in Wales worth millions named on the Sunday Times Rich List

There are three Welsh people named among the richest young people in the UK

Birmingham Post

The Sunday Times Rich List 2023: The five wealthiest people in Wales

Five Welsh billionaires have been named on this year's Rich List

Wales Online

The Sunday Times rich list 2023: The five richest people in Wales

There are five Welsh billionaires named on the list of UK billionaires this year

Texas Observer

Taking Back Texas’ Streets

TxDOT has blocked a plan in San Antonio to turn two lanes of a major thoroughfare into bike paths. What does it mean for other cities?

Fortune

Instacart CEO Fidji Simo launches her health care side hustle

While awaiting Instacart's IPO, Simo raised $35 million—and philanthropic funding from Sequoia’s Michael Moritz—for her Metrodora Institute

Birmingham Post

These are the richest people in Wales in 2022

The Sunday Times Rich List has been released and shows the wealthiest people in Wales

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