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you can see they got a lot of attention and funding from VCs during the past year 2020, basically their business model is to gain as many developer's profile as
by tZdKRNGW 5y ago
you can see they got a lot of attention and funding from VCs during the past year 2020, basically their business model is to gain as many developer's profile as possible, use all ways to convince you sign up at some low rate ($20-$50/hr, or $3000-5000 monthly) and try to upsell your profile to US remote employers, can be charging US employers for ($50-$150/hr) and keep more than 50% as profit,
https://www.crunchbase.com/organization/turing/company_financials https://www.crunchbase.com/organization/turing/company_finan...
Dec 10, 2020 Series B - Turing.com $32M Westbridge Capital
Aug 25, 2020 Seed Round - Turing.com $14M Foundation Capital
So, if you are US based developer you'd better keep far away from them as far as possible, even $5k can't have a good decent life because they provide zero benefits, no medical / no pay for leave days; but for some undeveloped countries, $1-3k monthly can be good income
If you are US-based, and are already the top earning ones ($500k+), you may have no concerns for your own future, but for next generation new graduates, I have seen this trend of a US company would rather hire overseas via those agencies instead of hiring the US based, I am seeing a pessimistic future for them
I am posting this thread also because my friend's nephew at last year of college asked me if there's any internship at the company I am working, as I know for each prior years there were always some number of college graduates internship, but now it's all gone, the company is just hiring more and more overseas instead; I'm feeling sorry to my friend, and as the list of Crewscale/Turing/Andela/Upstack/... growing longer and longer, this can happen to any American's nephew