The “Last Lecture Series” feature yearend talks from esteemed Stanford Graduate School of Business instructors, as chosen by the graduating MBA class. H. Irving “Irv” Grousbeck, the MBA Class of 1980 Adjunct Professor of Management at the GSB, was cofounder and codirector of the Business School’s Center for Entrepreneurial Studies and coauthor of the textbook "New Business Ventures and the Entrepreneur." His teaching centers on an objective means to develop a greater understanding of the issues faced by entrepreneurial companies and individuals. Recorded on June 2, 2023.