You are listening to the Draper Fisher-Jervinson Entrepreneurial Thought Leader Seminar,

brought to you weekly by Stanford Technology Ventures Program at Stanford University School of Engineering.

We're really delighted to have as our guest today, Steve Burrell. Steve is a legend in the biotechnology industry, both here in the Bay Area and worldwide.

He started building that legend as a member of the audit team of Arthur Young.

Back in the days when any public accountants thought that you only wanted to audit companies that were large Fortune 500, Steve had a vision that biotechnology was an industry that

was going to explode and really make a difference in the world, and he led the way in working

with what were then fledgling startups, teeny tiny companies with names like Genentech and ALSA, that many of the partners

back east scratched their heads and wondered why are we auditing little companies like that,

but Steve knew biotechnology was going to change the world in his lifetime and in ours, got

involved early and has most of the CEOs in the life sciences industry as well as big

pharma biotech and increasing medical devices as well coming to him for advice

because he's been in the industry for a long time and he has a very deep sense of

what the issues are whether they be technological technological, business, financial, and other.

And so Steve, we're delighted to have you back, not to make light of the second and even more important part of his career.

After leaving Arthur Young, he founded a company called a Burling company that he's going to tell you a little bit about.

I won't go into long introductions there, but it's one of the premier institutions, merchant banks,

and sources of financing for life sciences, biotech, and pharmaceutical companies worldwide.

Steve, we're delighted to have you here at Stanford and welcome.

Thank you.

So you have about 100 to 150 presentations a year,

and so the real question is what's relevant to you and how can I make this relevant? And the thing I don't do very much is talk about myself. I usually talk about the industry and

industries around me or what makes companies succeed.

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