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What is the root cause for the decision to end this business? Insufficient income? Costs too high? Cash flow issues - unsustainable inflows vs outflows? Misman

• swyx 9y ago
  bizarre that this basic question was left unanswered. Any one of the above would have given some satisfaction to the many people who have a vested interest in Iron Yard/the success of coding bootcamps in general
  • brooklyn_ashey 9y ago
    The successful model would have to be one that turned out grads who beat out Stanford grads for jobs. That means it would have to be constantly improving and changing at a blistering speed. In the end, this means that the successful model has to be run by true visionaries who see a solution they can sustain over time. It won't look like a huge scale money-making venture that anyone can hop in on with VC money.
    • brooklyn_ashey 9y ago
      more of a luxury model, and less of an every-person solution to the college debt and job crisis
• nashashmi 9y ago
  So according to the numerous comments below asking the relatively similar question, it was difficult to run the business, partially because good teachers are hard to find and partly because the program is intense on the student and lastly because the money to run such operations is unsustainable in the long run. There is a business model that works but the industry is still in an exploratory phase in trying to discover it.
  • aryehof 9y ago
    > There is a business model that works but the industry is still in an exploratory phase in trying to discover it. Industry business model? The cynic in me says that there is still interest in how to best extract money from the growing flood of people interested in programming as a job.