Smash Notes

Back to Michael Moritz - Lessons From 40 Years of Investing and Writing, with Michael Moritz.

How Did Michael Moritz Get His Drive and Grit?

Michael Moritz inherited drive and grit from the daily behavior of his parents, Jewish refugees from Nazi Germany and Wales, rather than from stories they told. Jewish refugees in Wales during the 1960s and 1970s were a further minority. People look at him today and think of an old white man who is not a minority. He understands the look, but how an individual feels matters more than how other people might look at him.

His parents got out of Germany in the 1930s and were never in the camps. They were loath to use the word survivor, because they felt the word denoted somebody who had actually survived the camps. They were refugees and, in their own way, had survived. The odds he faced growing up were unlike his parents' odds, yet the need to survive meant living by his wits, staying very suspicious of the motives of others, and guarding against where bad things will occur. He did not understand the pattern at the time. The atmospheric backdrop gave him drive and grit he would not have had otherwise.

The transfer was definitely not the stories, because his parents did not tell the stories. He did not really get to know the stories until he sat down and began work on the book. He knew only broad sweeps of a miserable, ferocious, catastrophic whirlwind in which they and millions of others were caught up. What reached him was daily behavior, the reaction to events, and the sense that doom was not very far away.

Grokipedia·Michael Moritz·Nazi Germany

Transcript

Michael Moritz - Lessons From 40 Years of Investing and Writing ·

Invest Like the Best with Patrick O'Shaughnessy

More from this episode

  1. When Did Michael Moritz's Maternal Grandfather Leave Germany?Michael Moritz's maternal grandfather left Germany with his wife 72 hours before war broke out. Another 72 hours and they would have perished.
  2. Do People Grow Out of Feeling Like Outsiders?Michael Moritz does not think people grow out of feeling like outsiders.
  3. What Interview Question Made a Sequoia Candidate Cry?Michael Moritz has always found one question quite revealing in an interview: if a person could go back and do one action differently, what would they do?
  4. How Did a Bavarian Nanny Help the Moritz Family?Michael Moritz says the Roman Catholic nanny from his grandfather's house in Munich later opened her own house in rural Bavaria to his grandparents, his…
  5. Why Does Michael Moritz Still Struggle to Feel Proud?Michael Moritz says he has never felt he is really good at something, and he rejects false modesty as the explanation.
  6. How Did Michael Moritz Get His First Break?Michael Moritz's first big break was Time hiring him straight out of school, with no work experience, willing to take a risk on a 22-year-old or 23-year-old.
  7. What Did Time's Steve Jobs Profile Cost Michael Moritz?Michael Moritz says a Time profile of Steve Jobs severed their relationship, and he never repaired it.
  8. Why Did Don Valentine Hire Michael Moritz?Don Valentine hired Michael Moritz around 1985 because Valentine was willing to take a risk that the other venture firms would not.
  9. Is Early-stage Venture Investing Harder Now?Michael Moritz says the venture business he got into way back when is very different from the venture business today, with few parallels, and that it has…
  10. What Was Michael Moritz's Plan for Sequoia?Michael Moritz's plan for Sequoia had three parts: do not screw it up, make everyone who worked there feel the firm was only as good as its next investment…
  11. How Did Alex Ferguson Manage Players in Bleak Times?Michael Moritz says Alex Ferguson understood what motivated each of his players. Ferguson had a reputation for being very hard and harsh.
  12. Is Elon Musk the Greatest Industrialist in American History?Michael Moritz says Elon Musk may well be the greatest industrialist in the history of America. He is a believer in the great person theory.
  13. Is Michael Moritz Hopeful About AI?Michael Moritz says he is probably a bit more hopeful than others about AI.
  14. Why Did Michael Moritz Step Back From Sequoia?Michael Moritz stepped back from Sequoia because he was sick, and he believes leaders should not stick around once they have decided, for whatever reason, not…

People

More answers like this

More with Michael Moritz

Related episodes

Plays from this note through the rest of the episode.

Weekly highlights

One letter a week.

The notes worth hearing, with the minute they were said.