According to the Silicon Valley television show they are a group of self loving assholes who troll around Palo Alto making useless things like robot deer.
Stanford Robotics built a Drake robot because they thought it would help girls notice them. When they did, they were so annoying to be around that the robot wasn't enough to keep their interest.
What do you have against stanford robotics?
this particular definition was inspired by Season 3 Episode 1 of Silicon Valley