4 ms·
It’s an empty, pointless prediction; easy and uncontroversial to make now when things look grim (for everyone), and zero cost to you if it turns out to be wrong
by tomhoward 7y ago
It’s an empty, pointless prediction; easy and uncontroversial to make now when things look grim (for everyone), and zero cost to you if it turns out to be wrong.
I know little about the details of Lambda School’s business, but they seem like they’re in a good position to do well in an economic downturn and recovery, if they stay focused and prudent, which seems to be exactly what they’re trying to do now.
- ac29 7y ago12 months is a bit arbitrary if taken literally, but I think the writing was already on the wall for bootcamps as an industry before the current economic crisis. Bootcamps that only get paid when their graduates get jobs are even worse off - if hiring falls for software engineers, its going to the be the bottom tier candidates that get hit hardest. Folks coming out of a short program with little to no other experience are going to be greatly disadvantaged when experienced folks with better education are getting laid off and competing for a reduced pool of jobs.
- tomhoward 7y agoSuccessful startups aren't like bottles floating at sea, being carried to success or failure by the waves and currents. Sure, favourable macro trends help, but the ones that succeed do so because they best figure out how to adapt to changing conditions. Lambda School has complete freedom to change everything they do to survive and thrive in the new environment. Let's see what they do.