phenomena, it can happen anywhere. is that a university s decision to solicit investment? yeah, somewhat it is. a lot of universities are strong academically, and sometimes they view the starting of a company as kind of against the grain of what the university is all about. i think that s a mistake. and you re saying, so stan ford has made a cultural decision to invite people like yourself to talk to the students? absolutely. it s more than cultural. it s backed up by actual experience. so if you look at the companies i just mentioned, they all happen to be one where were spun out of stanford. dozens of household names. today they are household names. dozen of household names today that got spun out of stanford. but obviously, stan ford s reputation hasn t suffered because they encourage not at all. investment. how do they get around any potential conflicts and other academic university presidents might be anxious about? well, i think it does depend a bit on the par