Cornerstone OnDemand founder Adam Miller reflects on how stepping down as CEO of a public company enabled him to take bolder stances on social impact issues like gun safety.
“It would be much harder to do as a public company CEO.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Adam Miller
Opinion
Founding a tech startup in LA was cheaper and easier than SF
“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.”
Adam MillerJun 14, 2024▶ 14:13From the brink of closure to a $5.2 billion sale (with Cornerstone's Adam Miller) | Masters of Scale
Insight
Non-profits are trapped by bureaucracy unlike the forward-looking tech sector
“Government sector, and in particular, the nonprofit sector is filled with well-intentioned, hardworking people, but often are trapped in Infrastructure and ecosystem that has been built and most importantly, the bureaucracy that is surrounding them and they ca…”
Adam MillerJun 14, 2024▶ 1:08:18From the brink of closure to a $5.2 billion sale (with Cornerstone's Adam Miller) | Masters of Scale
AssertionNot checkable as stated
Cornerstone was the first SaaS vendor for every early enterprise client
“Every single deal we did, we were the first software service company at that enterprise in the early days of SAS.”
Adam MillerJun 14, 2024▶ 35:48From the brink of closure to a $5.2 billion sale (with Cornerstone's Adam Miller) | Masters of Scale
AssertionPartly supported
Cornerstone raised in 2008, grew 60%, and never spent the money
“We ended up raising around Meritech led that round. We ended up growing 60% that year. And we never used a dollar of the money.”
Adam MillerJun 14, 2024▶ 54:19From the brink of closure to a $5.2 billion sale (with Cornerstone's Adam Miller) | Masters of Scale
Insight
Modern high-impact philanthropy requires multi-entity conglomerate structures
“Which is instead of thinking about a foundation as a single grant giving organization, they built a conglomerate. And the conglomerate contains a grant giving foundation, typically called a private foundation, a private operating foundation, which is also a fi…”
Adam MillerJun 14, 2024▶ 1:11:14From the brink of closure to a $5.2 billion sale (with Cornerstone's Adam Miller) | Masters of Scale
Insight
Synchronous learning fails for working adults due to time constraints
“Adults have the least access to education because they often are working nine to five or more. And so they can't leave in the middle of the day to go to class. So synchronous learning doesn't work that well.”
Adam MillerJun 14, 2024▶ 1:34From the brink of closure to a $5.2 billion sale (with Cornerstone's Adam Miller) | Masters of Scale
Made with StarZero
Turn any episode into a week of clips.
This entire site, about 200 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.