Michael Moritz on Origin Stories, Exile, and Obsessive Curiosity

Michael Moritz, a prominent venture capitalist and former journalist, reflects on the forces that shaped his life, from his upbringing in Wales to his career in Silicon Valley. Central to the discussion is his memoir, *Ausländer*, which explores his parents' escape from Nazi Germany and the lasting impact of exile. Moritz details his transition from journalism to venture capital, emphasizing the importance of curiosity and the ability to identify talent. He shares insights on the necessity of intellectual obsession, as seen in his admiration for artists like Frank Auerbach and figures like Steve Jobs. The cyclical nature of history, the resurgence of antisemitism, and the challenges facing modern institutions—including the economic stagnation of the United Kingdom and the complexities of philanthropy in San Francisco—remain central to his worldview.