If the window appears every single time you start up Steam, you're probably experiencing an issue with Steam realising it has updated.It's worth noting that this is a well discussed issue with no official solutions available, there are plenty of different suggestions on how this can be fixed though and some of these work for some of the people experiencing the problem some of the time, so you'll want to try all of them if you really want to stop Steam from verifying every time you start it. This fixes most common problems like crashes and errors with the steam client Steam Servers are Busy Change Downloading Region: On Windows. The slowest and most tiring phase is between 46-64%. works after that if it seems to get stuck during an update shutdown steam even if you have to use.
Second If the issue persists, exit Steam, rename your Client.
If you are a member of the Steam beta program, it might be worthwhile opting out of the beta program and reverting to a previous version of Steam (it should do this automatically) to see if this resolves your problem.
Another thing that is mentioned in the Steam forums, is allowing Steam to verify all of its files and then closing Steam properly (rather than letting Windows kill it as it shuts down).
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Steam won't install, gets stuck on creating a shortcut. When I click on steam it comes up as Steam - Updating - 48% complete. (it had started last night around 9PM when I tried to shut down) so knew it was stuck.
In other words, my computer BSOD'd while Steam was sitting there running in the background in the System Notification Area.