Nerds 2.0.1: Len and Sandy talk about founding Cisco, VCs, being indentured, and getting pushed out

A number of lessons here. One, VCs are sharks -- don't let them make you vest what you already own. Two, they are also your sharks, so don't sell off all your shares just because you can't stand them.

Len and Sandy owned 30% of Cisco and sold when the company was worth around one billion. Today, Google reports CSCO Mkt Cap: 161.15B.

As my brother said, you've got to have a really sucky outlook to have $100 million and be bitter about it!