became 26,600 shares worth nearly $3 million within six years.

Davis founded Mayfield in 1969 with Wally Davis, who was not related to him. The fund included Stanford University as an early limited partner and helped establish a structure that allowed institutions to participate in venture investing. The Mayfield Fund helped start more than 125 high-technology companies. The Los Angeles Times described Davis as a venture capitalist in high-technology companies including Scientific Data Systems, Teledyne, and Tandem Computers.

Personal life and death

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