Crucial note: This piece is written by Mike Mortiz of Sequoia. It appears to be in tandem with his recent appearance on Bloomberg News (http://www.bloomberg.com

Crucial note: This piece is written by Mike Mortiz of Sequoia. It appears to be in tandem with his recent appearance on Bloomberg News (http://www.bloomberg.com/news/articles/2015-10-17/sequoia-s-michael-moritz-q-a-venture-capital-is-high-risk-poker- http://www.bloomberg.com/news/articles/2015-10-17/sequoia-s-...)