Cornerstone OnDemand

“Every single person in my chain of command invested in the company. This wasn't. Personally. And the analysts who work for me also put in 5000 bucks.”

“Bessemer actually never knew this right at the time that they invested. We were down to almost nothing. Because they kept delaying the close date, and if they delayed it much longer, you were going to be out. We went to made it.”

“And had we signed that deal, we definitely would have been out of business.”

“Training requires a lot of bandwidth. So not only did you need the web to be able to deliver this concept, But you actually needed enough bandwidth that a course could be delivered online. Today, obviously super easy to do. In 1999, it was impossible. This is …”

“And I thought it would be cheaper and easier to start a company here and be a bigger fish in a smaller pond. And this is, I mean, that turned out to be absolutely true.”

“But when I sold the company, we had delivered two billion courses.”