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 Latest News

'Money's my little defining thing'

Sandy Lerner talks about money as other people would talk about ... Why else would I be interviewing her? "It's my little defining thing." After a childhood dependent on the charity of relatives, independence is what she values most - otherwise, she ...
Posted: June 26, 2003, 5:00 pm

Cisco Just Turned 30: This Is The Dramatic Story Of How The Founders Were Ousted

The company celebrated its 30-year anniversary in December. But for most of that time, the famous then-husband-and-wife team who founded the company, Len Bosack and Sandy Lerner, have not been part of it, with no stake and no say. (They're now divorced.)
Posted: December 12, 2014, 6:55 am

Carly Fiorina on sexual harassment claims rocking Washington

Once again, here's our "Power Player of the Week." (BEGIN VIDEOTAPE) SANDY LERNER, AYRSHIRE FARM: Farm with the land. Farm with the seasons. Know your soil. Know your rainfall. Know your -- know your weather. Know your animals. WALLACE (voice-over): Sandy ...
Posted: December 10, 2017, 6:57 pm
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