Ex-Cisco CEO John Chambers unveils his next act

Former Cisco CEO John Chambers
Photo illustration: Axios Visuals

This is the first month in more than 25 years that John Chambers isn't heading into work at Cisco. Instead, he tells Axios that he is refashioning himself as full-time a venture capitalist.

Why it matters: Cisco revenue climbed from $1.2 billion when Chambers took over as CEO in 1995 to $47 billion in 2015 when he transitioned into an executive chairman role.