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Thanks for providing the exact link, because I think you completely mischaracterized what he actually said. I personally agree that this business model and mar
by meowface 7y ago
Thanks for providing the exact link, because I think you completely mischaracterized what he actually said.
I personally agree that this business model and market has potential to be worth $100 billion someday. Lambda School is one of the leaders in that market right now, as far as I know, so they have that potential, too.
Now, will they remain the dominant leaders for long enough for them to actually be worth that? I think it's pretty unlikely; I think that pie is more likely be split by different, future companies. But of course any company executive is going to believe in their company's potential and future growth.
He's just making an inspirational and aspirational comment about the market they're in and their business, like almost every company executive does. He's not insulting anyone's intelligence. I have no idea how well his company in particular is executing that model at the moment (I do see some criticisms of their program), but I think the company's general idea is a good one, in theory. I'd feel the same if they went bankrupt tomorrow - eventually some other company will try it and get it right.