Sequoia's Moritz backs Intel CEO Lip-Bu Tan after Trump's 'artless bullying'
Moritz, who spent decades at Sequoia Capital and has known Tan for nearly four decades, highlighted the CEO's previous turnaround of Cadence Design Systems. Moritz said there is "no one better equipped to transform Intel's fortunes." "Trump's assault has no modern precedent," Moritz wrote, calling the attack a "vindictive political sideshow." "Now the Intel board must decide whether to march to the beat of so many other corporate leaders and capitulate to the president's artless bullying or to set an exampl ...