According to the first link, he hadn't even co-founded his venture at the time of filing for divorce. What exactly entitles her to riches from generated by a company she didn't contribute to?
For that matter, how are children entitled to wealth just because they have a wealthy parent? I fully support the idea of forcing parents to meet their children's basic needs, but nobody is entitled to a child support payment of more than the median income for a working adult in their country.
For those who didn't click through:
>"One fall morning David Cheriton told his wife that he wanted to end the marriage (according to a friend of Iris', he broke the news only one hour after she had found out that her mother had died). He filed for divorce shortly thereafter.
>Less than a year later, David Cheriton took a leave of absence from Stanford to work at a startup he co-founded with Andreas Bechtolscheim, one of the founders of Sun Microsystems. The pair's nascent computer networking company soon caught the attention of Cisco Systems, which bought Granite for $220 million in April 1996.
>As part of the buyout, Cisco granted the 45-year-old professor an option to buy stock with a market value of around $45 million.
>Another overnight Silicon Valley decamillionaire.
>After her husband's incredible windfall, Iris decided that she and the kids should get a piece of the action."
For that matter, how are children entitled to wealth just because they have a wealthy parent? I fully support the idea of forcing parents to meet their children's basic needs, but nobody is entitled to a child support payment of more than the median income for a working adult in their country.
For those who didn't click through:
>"One fall morning David Cheriton told his wife that he wanted to end the marriage (according to a friend of Iris', he broke the news only one hour after she had found out that her mother had died). He filed for divorce shortly thereafter.
>Less than a year later, David Cheriton took a leave of absence from Stanford to work at a startup he co-founded with Andreas Bechtolscheim, one of the founders of Sun Microsystems. The pair's nascent computer networking company soon caught the attention of Cisco Systems, which bought Granite for $220 million in April 1996.
>As part of the buyout, Cisco granted the 45-year-old professor an option to buy stock with a market value of around $45 million.
>Another overnight Silicon Valley decamillionaire.
>After her husband's incredible windfall, Iris decided that she and the kids should get a piece of the action."