Michael Moritz became a billionaire and a legend in venture capital circles by making early investments in Google, LinkedIn, PayPal and Yahoo during his years as a partner at Sequoia Capital. But his latest projects offer a different type of return: civic. His recent focus has been on investing his time and money in remaking San Francisco, a city that he thinks has lost its way.

Moritz, 69, who’s lived in San Francisco for four decades, has dedicated more than $336 million since 2020 to social and political causes in the city. Like a venture capitalist placing bets on the next billion-dollar startups, he’s funded hundreds of nonprofits and advocacy groups. He’s created a civic engagement group, a political action committee and a media outlet, the San Francisco Standard, to help offset diminishing local coverage. His personal foundation, Crankstart, which doles out hundreds of grants each year, is San Francisco’s largest, with more than $5.1 billion in assets in 2021.