Sanford Robertson pioneered the creation of West Coast technology banking as an industry in the late 1960s and has remained one of the industry's most renowned participants. He served as vice president and director at Smith Barney before founding a firm that later became Montgomery Securities. In 1978, he founded Robertson, Stephens & Co, one of the most significant underwriters of IPOs, mergers, and acquisitions. After selling the company in 1998, he founded Francisco Partners, the world's largest technology-focused private equity fund. Robertson has had significant financing involvement in over 500 growth technology companies, including 3Com (NASDAQ: COMS), America Online (NYSE: AOL), Applied Materials (NASDAQ: AMAT), Ascend, Dell Computer (NASDAQ: DELL), E*Trade (NYSE: ET), Siebel, and Sun (NASDAQ: SUNW). He serves on the boards of Dolby Laboratories, Pain Therapeutics (NASDAQ: PTIE), and the Schwab Fund for Charitable Giving, as well as on the President's Board at the University of Michigan.