Not the Sand Hill Way
This article was originally published in Start Up
Executive Summary
G. Steven Burrill, for many years a consultant to the biotechnology industry through Ernst & Young and since 1993 a private merchant banker through his own San-Francisco based Burrill & Co. LLC, is now stepping into the role of venture capitalist. His first fund, geared to investment in agricultural biotechnology, has already collected $75 million. Burrill says he is more interested in getting strategic, rather than financial returns from the investments he'll make, and so are the corporations contributing to his new funds.