Smash Notes

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

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. Three years after he joined Time he was on leave from the San Francisco bureau to write a book about Apple's private days, because the magazine did not have room for that story. Time called and asked him to contribute to a profile for the edition that became the computer of the year. He thinks that was the only time Time picked an inanimate object for the big annual issue. Steve Jobs was convinced he would be named man of the year, even though nobody had confirmed it.

The piece went through what Moritz calls an editorial combine harvester. What came out was malicious, nasty, and underhanded. Steve Jobs hated it, for reasons Moritz defends, and Moritz was appalled for different reasons. The profile was one reason he left Time. He felt disenchanted by the treatment.

He still respected Steve Jobs and admired him, including later achievements Moritz says he could not have matched. He had also seen darker shades, which made it hard to hold Jobs up as an object of unalloyed admiration. He calls Jobs a heroic figure anyway.

Transcript

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

Invest Like the Best with Patrick O'Shaughnessy

More from this episode

  1. 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.
  2. 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.
  3. Do People Grow Out of Feeling Like Outsiders?Michael Moritz does not think people grow out of feeling like outsiders.
  4. 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?
  5. 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…
  6. 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.
  7. 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.
  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.