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> The startup operates a coding bootcamp, expected to do $3 million in revenue by the end of 2019. Similar to Lamda School, they offer income-share agreements,
by vmurthy 7y ago
> The startup operates a coding bootcamp, expected to do $3 million in revenue by the end of 2019. Similar to Lamda School, they offer income-share agreements, but “the similarities stops there,
I'm interested in learning how this can be VC scale. From what I understand, it is a very people-intensive business (look at the student:teacher ratio for one of their courses)[1]. How is it different from,say,a consulting firm in terms of scalability?
[1] https://junocollege.com/course/web-development https://junocollege.com/course/web-development
- Dwolb 7y agoShort answer is to build a business that’s product-led and incentive-aligned. As long as operationally they’re trying to use technology to reduce friction at every step (student experience, instructor experience, and curriculum) they’ll be able to scale better than an organization that bills for time (and is incentivized to use always consume and bill for more time!)
- MarkMc 7y agoCan't some people-intensive businesses scale to huge size? Look at Walmart