Cisco Systems & Urban Decay: Sandy Lerner (2018)

How I Built This · 10 May 2021 · 55m

What this episode covers

Sandy Lerner, co-founder of Cisco Systems and later founder of Urban Decay, recounts her journey from Stanford graduate student to tech pioneer and cosmetics entrepreneur. She details the early days of building networking hardware in her living room, the struggle to secure venture capital from skeptical investors, and the hostile takeover of Cisco by CEO John Morgridge that led to her ousting. Lerner explains how she reinvented herself by launching the punk-aesthetic makeup brand Urban Decay and establishing a sustainable farm in Virginia.

Most relevant to

founders before launch, early-stage companies, companies scaling up and large enterprises

Topics

Mentioned

Companies
Cisco Systems, Stanford University, Sequoia Capital, LVMH, Nordstrom, Neiman Marcus, Ayrshire Farm
Products
Urban Decay, PetNet
Also
Don Valentine, John Morgridge, Len Bosack, Chatton House Library, Jane Austen

Other shows on the same ground, closest first.

  • Moore's Lobby · 2m

    Tune in for Season 3 of Moore's Lobby

    Host Daniel Bogdanoff introduces Season 3 of Moore's Lobby, highlighting upcoming conversations with industry leaders from NASA, IBM, and Google. The episode features clips from Season 2, including Massimo Banzi, co-founder of Arduino, and Luis Barroso, Senior VP of Engineering at Google, who describes early data center redundancy methods. It also showcases Steve Sanghi, CEO of Microchip, discussing his turnaround of the company from near-bankruptcy to a $5.5 billion tech giant.

  • Oxide and Friends · 1h 51m

    The Rise and Fall of DEC

    Bryan Cantrill, co-founder of Oxide Computer Company, leads a discussion on the rise and fall of Digital Equipment Corporation (DEC), analyzing its history through books like 'The Ultimate Entrepreneur' and 'DEC Is Dead, Long Live DEC'. Speakers including Tom Lyon, Dan Cross, and Tim Bray discuss DEC's engineering culture, the PDP series, and the company's failure to adapt to open systems and the PC market. The conversation highlights DEC's internal competition, Ken Olsen's autocratic leadership, and the eventual acquisition by Compaq, drawing parallels to Sun Microsystems and modern tech giants like Amazon and Google.

  • Oxide and Friends · 1h 12m

    Theranos, Silicon Valley, and the March Madness of Tech Fraud

    Bryan Cantrill, Adam Leventhal, Cole Frederick, Land Belenky, and Simeon Miteff discuss the Theranos scandal, using it as a case study for Silicon Valley fraud. They analyze the 'lone inventor' myth, the dangers of secrecy, and the failure of due diligence by high-profile investors like Rupert Murdoch and Larry Ellison. The conversation extends to other fraudulent or failed ventures, including uBiome, UBeam, Solyndra, Tether, and Anthony Levandowski's actions at Google/Uber, while contrasting these with legitimate hard-tech companies like Cerebras Systems and Oxide Computer Company.

  • Over the Air · 42m

    Competing with Tech Giants: Approaches and Challenges with Morgan Teachworth of Cisco

    Morgan Teachworth, VP of Engineering at Cisco Meraki, recounts the company's journey from a 5-year-old startup focused on mesh networking to its 2012 acquisition by Cisco. He details how Meraki identified an underserved market of small businesses and low-income housing, leveraging cloud management to compete with enterprise incumbents like Cisco itself. Teachworth also discusses the strategic pivot away from the failed Meraki phone product to the highly successful Meraki security camera line, emphasizing the importance of product-market fit and managing customer expectations for hardware sold with recurring software licenses.

  • Moore's Lobby · 52m

    Ep. 23 | Arduino Co-founder Massimo Banzi on How Arduino Took the World by Storm

    Massimo Banzi, co-founder of Arduino, explains how the platform evolved from a classroom tool in Ivrea, Italy, to a global standard for prototyping and industrial automation. He details the design philosophy of lowering barriers to entry for non-engineers, the backlash from traditionalists, and the strategic pivot toward commercial applications like the Portenta H7 board for machine learning and precision agriculture. Banzi also reflects on the painful legal disputes with former co-founders and the importance of clear governance in open-source hardware companies.

The summary, chapters and topics are generated from the episode’s audio by this directory, not written by How I Built This. The episode itself belongs to its publisher.