Unwinding Cisco's Not-So-Simple Beginnings
saridder writes: "There's a saying that behind every fortune is a crime, and
as we have learned with Apple, Microsoft, and others, Cisco is no
different. The SJ Mercury
has an article outlining and debunking the myth of Cisco's
founding."
MIT seems to have excelled the best at making "spin-off" projects. I suppose they probably feel they've been burned by some of their startups, too. The same with NCSA.. heh.
When Standford lost their cherry in this game, they should have laid down again and found new partners.
I dont know the status of Stanfords holdings today, but rejecting as a matter of policy founder shares in Cisco was just plain bad for business. Seems they could have been giving away alot more free education today, and that would have been the best payoff imaginable.