![]() What do these companies have in common? They are all toonily involved in the business of identifying and funding promising startups in the tech industry. The Information is a tech news website founded by former Wall Street Journal reporter Jessica Lessin. Lightspeed Venture Partners is another well-established venture capital firm that has backed companies such as Snapchat and Stitch Fix. Craft Ventures is a newer venture capital firm founded by David Sacks, the former CEO of Yammer and Zenefits. Y Combinator, on the other hand, is a startup accelerator that has helped launch companies like Dropbox and Airbnb. Sequoia is one of the oldest and most successful atozmp3 venture capital firms in Silicon Valley, with a portfolio that includes some of the most well-known companies in tech, such as Apple, Google, and Airbnb. These are some of the biggest names in venture capital and tech journalism, and they are all playing a role in shaping the future of the industry.ĭavid Cassidy’s net worth at the time of his death was estimated to be around $500,000. For his work at the intersection of gaming and finance, he was recognized among the ‘30 Under 30’ ( Forbes ) and ‘40 Under 40’ ( Capital ).Sequoia, Y Combinator, Craft Ventures, Lightspeed Venture Partners, and The Information are all names that are familiar to anyone who follows the tech industry. ![]() from Stanford University, where he graduated as Arjay Miller Scholar. Moritz lives in Los Angeles and holds an M.B.A. Outside of investing, this philosophy is embodied by his participation in marathon, Ironman, and ultra-distance races, including the 251 km long, self-sufficient ‘Marathon des Sables’ through the Moroccan Sahara-where runners are equipped with a venom pump to combat snake bites and scorpion stings-and the ‘World Marathon Challenge,’ in which athletes face 7 marathons on 7 continents in 7 consecutive days. Gaming instilled in me an innate sense of constantly looking for an opportunity to ‘break the meta’-to chase global, not local optima to tear down preconceived notions by arguing from first principles to explore new frontiers.” ![]() “For hundreds of thousands of years, humans have been illuminated by the infinite openness and creativity of play. “We’re constantly challenging ourselves to be thoughtful in our work with founders: prioritizing deep domain expertise and connectivity across relevant sectors, building a global and multi-stage investment platform that can support companies across the world and through their entire lifecycle-and upholding a culture that puts founders first,” said Moritz. During his tenure, he advised many of the world’s leading gaming and technology companies across PC, console, and mobile platforms such as Google, Meta, Microsoft, Activision, Electronic Arts, and Take-Two on over $300 billion in transaction volume across over 40 M&A, IPO, VC, and other strategic transactions-including Dell’s $67 billion acquisition of EMC and IBM’s $34 billion purchase of Red Hat.īeyond his interests in gaming and technology, Moritz’s passion for investing also stems from a deep appreciation for partnering with exceptional entrepreneurs-many of whom have led the creation of popular games like Fortnite, Call of Duty, League of Legends, Apex, Overwatch, Valorant, StarCraft II, and Warcraft III.Īs an investor and board director, he helps emerging game studios and interactive technology companies with everything from strategy to hiring, sales and marketing, and financing. Previously, Moritz was a Vice President at Goldman Sachs, where he built and co-led the firm’s global gaming practice. Moritz led many of the firm’s marquee deals including Inworld AI, Theorycraft Games, Raid Base, Lightforge Games, Horizon Blockchain Games, and TRIPP. Together with the founders, he scaled the firm to become the most active gaming VC and lead investor of 2020, 2021, and 2022. Prior to Lightspeed, Moritz was a partner and management team member at BITKRAFT Ventures. In other words, startups that are enabling the creation of immersive, interactive, and social virtual worlds or what’s generally referred to as the ‘Metaverse.’ These formative experiences are part of what led Moritz to join Lightspeed in 2022, to guide the firm’s investments in game studios as well as gaming-related platforms and technologies, such as the industry’s intersections with artificial intelligence, extended reality, and web3. The first person in his family to graduate high school, he traded the digital swords and armor that he earned in-game to afford his college tuition-approximately two decades before NFTs entered the mainstream. Moritz is a lifelong gamer who spent the majority of his teenage years competitively playing Blizzard’s Diablo II -culminating in a global #1 ranking among over 12 million players in 2003.
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