The Ledger
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Founders sold all Cisco stock due to zero respect for management
“Len and I agreed to sell our stock on a very joint basis, and we did it because we fundamentally had no respect for people running the company. And it wasn't really that we didn't believe in the company. I mean, I was the one who said that Cisco would be a bil…”
Lerner and Bosack sold all Cisco stock out of disrespect for management
“Len and I agreed to sell our stock on a very joint basis, and we did it because we fundamentally had no respect for people running the company, and it wasn't really that we didn't believe in the company.”