When Google holds its board elections at its stockholder meeting this May, Sequoia Capital's will not be in the running. Moritz, who has been on Google's board of directors since 1999, said he will not seek re-election. Moritz is leaving after his term is up to concentrate on his role as a partner at Sequoia Capital, according to .
Sequoia Capital is the venture capital firm credited with funding Google, Yahoo, Cisco Systems, Oracle and others in their early years. In April 2006, Sequoia