Sandra Lerner Net Worth is
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Sandra "Sandy" Lerner (born 1955) was a co-founder of Cisco Systems with then partner Leonard Bosack. After leaving Cisco, she founded Urban Decay cosmetics, and is an advocate of animal welfare.

She received her bachelor's degree in 1975 in political science from California State University, Chico, a master's degree in econometrics in 1977 from the Claremont Graduate School, and a master's degree in statistics and computer science in 1981 from Stanford University.
In 1984, while working as Director of Computer Facilities for the Stanford University Graduate School of Business, Sandy Lerner co-founded Cisco Systems with her then partner (and now ex-husband) Len Bosack.
It is widely reported that Lerner and Bosack designed the first router so that they could connect the incompatible computer systems of the Stanford offices they were working in so that they could send romantic love letters to each other. However, this was a manufactured corporate legend. In fact, both systems (SU-SCORE and SU-GSB) were TOPS-20 systems. The systems were the same and therefore obviously not incompatible, but the SU-GSB system was not on any network.
It has also been noted that the original router was designed and created by a group of people at Stanford, both students and faculty, rather than Lerner and Bosack alone.
Lerner and Bosack brought in John Morgridge to be the third CEO of Cisco in 1988. On August 28, 1990, Lerner was fired; upon hearing the news, Bosack resigned to show his support for her. The two sold all of their founder's stock and retired from Cisco.
Lerner placed a portion of her stock earnings into a start-up venture capital limited partnership called "& Capital Partners." Among the ventures funded was a new cosmetics company (1995) called Urban Decay Cosmetics, with the tag line "does pink make you puke?" In February 2000, Moet-Hennessy Louis Vuitton (LVMH), the French luxury goods conglomerate acquired the firm. It was spun off from LVMH in

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Sandra Lerner Vintage Oil Painting

A vintage original oil on canvas painting mounted to board by listed artist Sandra Lerner (Pennsylvania, 20th-century), circa 1940. The image, influenced by German Expressionism, depicts two figures seated at a table draped in a white tablecloth with a ...
Posted: July 4, 2016, 6:48 pm

These 20 Powerful Companies Were Founded By Women

The company was co-founded with her CTO in 2006. LinkedIn acquired SlideShare in 2013 for a reported $118.75 million. Sandra Lerner co-founded Cisco with her now ex-husband in 1984. "While working as computer operation staff at Stanford they realized the ...
Posted: October 21, 2016, 2:32 pm

Sandra Lerner Net Worth

Sandra Lerner is an American businesswoman who has a net worth of $200 million. She is the co-founder of Cisco Systems and is the former wife of Leonard Bosack. After her run with Cisco, she founded Urban Decay cosmetics and is an animal rights activist.
Posted: May 18, 2014, 5:20 am
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