You are listening to the Entrepreneurial Thought Leader series, brought to you weekly by the

Stanford Technology Ventures Program.

You can find podcasts and video clips of these lectures online at eChorner.

standford.edu.

Today we have an awesome guest, Spencer Ante. Spencer comes to us from Business Week where he's

an editor. He's had a terrific career in journalism already. He's worked at the street.com,

which I'd love to hear any Jim Kramer stories if you have them.

Wired, the New York Times, among many other publications that he's written for.

Spencer's latest book, or his current book that caused us to invite him to Stanford was Creative Capital.

And it's the story of George Dorier and the birth of venture capital as an industry.

Terrific book.

Spencer's going to talk a little bit about his book and his research, and we probably should

acknowledge or admit in advance that you actually went to Cal at one point in your career. So we

in acknowledge, in advance, we forgive you. So please help me welcome Spencer to Stanford.

Thanks, Michael.

It's great to be at Stanford.

I'm honored and really thrilled to be here

because I think Stanford over the last 20 years

has really become the world's preeminent university for innovation,

or what I would call entrepreneurial science and technology.

You think about all the great companies that have come out of Stanford in the last few decades,

Cisco, Yahoo, Google, to name a few of the more prominent ones.

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