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Andela's business model is to provide low-cost contract labor to large tech firms. This is of course delightful for those African students who benefit from the
by blackbagboys 10y ago
Andela's business model is to provide low-cost contract labor to large tech firms. This is of course delightful for those African students who benefit from the program and from a business perspective a wise investment by the Chan Zuckerbeg slush fund. I only wish that they would dispense with the nauseatingly self-congratulatory marketing copy.
- lazaroclapp 10y agoInteresting. I was unaware of this, I thought this was an entirely non-profit code school type program. Is training contingent on them working for Andela afterwards? Because if so, I actually fail to see how this can be considered a nonprofit investment (in which case, I agree, it is a good business deal for everyone involved and maybe even a net-positive-do-good business deal, but one that should probably be taxed... ) Edit: I just realized this indeed an investment from a for-profit company to another, which will actually pay taxes (which is good), but seems to be surprisingly describing itself as a philanthropic initiative. So I actually see your point about this being a strange PR spin on it...
- nl 10y agoThere are plenty of existing software outsourcing companies. For your argument to make sense you'll need to explain why FB doesn't use them already if cost control is his motivation here.