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I was one of the original advisory board members of DevMountain (and father of one of the three founders). I also run an entrepreneur bootcamp in Utah, where De
by jrichards 9y ago
I was one of the original advisory board members of DevMountain (and father of one of the three founders). I also run an entrepreneur bootcamp in Utah, where DevMountain is located. This assertion about the founders of DevMountain "checking out" is unfounded. Sure, they are now wealthier than they were and have security and may seem more at ease (a natural occurrence after an exit), but they take their continuing roles seriously. Only one of the three to date has "retired" (about 8 months after the acquisition) and the other two (including my son) are still there working every day. Capella has been pleased with them. Also, just 10 minutes ago I heard about some exciting things being worked on and arranged by the founders -- innovative approaches to the industry. These two founders are still the top two leaders in the DevMountain subsidiary of Capella. They continue to innovate in the areas of coding bootcamp curriculum development, student success, marketing, and much more. As a side note, Capella has been a great acquirer, basically leaving DevMountain as it was, only adding some financial clout and general oversight, leaving the original DevMountain CEO in that position with nearly full discretion over the enterprise.