Making It with Jon Davids 158 - “It Started In My Apartment, And We Grew It To $5B+” | Adam Miller, Cornerstone on Demand
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Dec 17, 2024 Adam Miller, founder of Cornerstone OnDemand, shares insights from his journey building the billion-dollar company from his apartment. He reflects on the dramatic shifts during the pandemic that reshaped his priorities. Miller discusses the evolution of online education, the rise of Los Angeles as a tech hub, and his commitment to philanthropy, focusing on innovative solutions for homelessness and other global challenges. His transition from entrepreneur to social advocate is both inspiring and thought-provoking.
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Humble Beginnings
- Adam Miller started Cornerstone OnDemand in a one-bedroom apartment in NYC.
- He later moved to LA because of the high costs and difficulty hiring in NYC.
Initial Vision
- Cornerstone OnDemand's initial vision was to be an online training platform.
- The original name was CyberU, aiming to be a "metamediary" between education buyers and sellers.
Pivot to Enterprise
- After the dot-com bubble burst, Cornerstone OnDemand pivoted to selling to businesses.
- Their first clients were large enterprises like Smith Barney, Aon, and Washington Mutual, leading to seven-figure deals.