Tuesday, October 05, 2004
The Man Who Made $3,000,000,000 From Google
The UK Telegraph has an article on Michael Moritz, the man who saw his 1999 investment of $12.5 million in Google turn into $3 billion. He is also known to his friends as "the happiest venture capitalist in the world". Moritz inveted the money on behalf of his employeer, Sequoia Capital, and personally received as much as $280 million in cash, plus stock worth more than $1 billion.