You are listening to the DFJ Entrepreneurial Thought Leaders series, brought you weekly by the Stanford Technology Ventures Program.

You can find podcasts and videos of these lectures online at eChorner.standford.edu.

How many of you've heard of Steve Jervison before?

Oh, good. Well, then the rest of you get to know him this afternoon. He's really a tour to force.

I'm not going to tell you about him other than that he was a co-term here. That was smart.

And then he enjoyed coming to Stanford so much and he came back and got an MBA here as well. So he's been a student on all parts of the campus back in the 80s and 90s,

but he's been a partner at Draper Fisher and Jervison for quite a while

and is a returning to this seminar series, so we're happy to have him back.

But what's really nice to announce is that there's his dad.

Tony.

So wait, let's give his dad a round of applause.

Thanks for being a parent of one of our speakers today.

So without further ado, give a warm welcome back to campus to Steve Jervison.

Thank you, Tom. That's great. Thanks. Wow, this is overwhelming. I can't tell you how much of a surprise it is to see folks piled in the aisles and along the back. And I apologize if it's uncomfortable. I'll try to speak quickly to leave time for questions and the shift your weight around,

and maybe we can even ship some people into different chairs or something over time,

because I feel bad about having to stand for an hour.

So what I've been sort of hoping to talk about with you and share some thoughts is our perspective

as a venture capital firm and as a practitioner of that

art of what we're seeing in the entrepreneurial community.

Because frankly, the thing I love most about my job is the daily meetings we have with entrepreneurs

who are bold and brash and set out to change the world in some meaningful way.

Sometimes they do, sometimes they don't, but we get the joy of learning from them.

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