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pg in 2019: > Lambda School will go on growing and transform education. Few will remember having been part of the jeering mob. https://twitter.com/search?q=fr
by danso 3y ago
pg in 2019:
> Lambda School will go on growing and transform education. Few will remember having been part of the jeering mob.
https://twitter.com/search?q=from%3Apaulg%20lambda&src=typed_query https://twitter.com/search?q=from%3Apaulg%20lambda&src=typed...
- hanniabu 3y ago[flagged]
- thiscatis 3y agoNot just pg, also the stripe founders have been fawning over Austen. They all knew it was a predatory “school” but backed it anyway.
- sandofsky 3y agoTommy Collison, their youngest brother, worked there as Head of Communications Strategy and Business Development.
- doctorpangloss 3y agoWhile I don’t think Lambda School is good, did they actually ever collect on any students who didn’t get jobs? It seems kind of important to the premise. These things may have been loans and had a finance charge or whatever. But if you can “default” and nothing happens… what are they really?
- sandofsky 3y agoThe contracts in the early days lasted up to five years, so people who went on to further training (e.g. associates degree at a community college) still owed money even though Lambda School had zero role. Later, they extended it to eight years and removed the “tech job” stipulation. I read one account a guy owing money who worked as a mailman.
- doctorpangloss 3y agoThat’s scummy but it sounds like they could have achieved the arrangement “pay a share of your income wherever it comes from” without a loan. The important part of this is a loan gives you rights as a creditor that an ordinary Accounts Payable does not. Did Lambda School’s creditors ever exercise those rights? If not, how important is the existence of a finance charge or APR or whatever? I mean, if it is only a loan for the purpose of being a product for banks, but functionally is just a, whatever, a payment plan: man, the CFPB is basically complaining about annual billing versus monthly billing discounts, bundling, and any number of psychological tricks. Scummy yes, but dramatic? No.
- andrenotgiant 3y agohttps://news.ycombinator.com/item?id=40071539 https://news.ycombinator.com/item?id=40071539
- hackerlight 3y agoThe peons and peasants with their pesky "anecdotes" don't morally matter to these elite club members. Never believe they're on your side although they're good at making it look like they are.
- bikemore 3y ago[flagged]
- objektif 3y ago[flagged]
- spxneo 3y agonow do coinbase!
- vvpan 3y agoWhat's wrong with coinbase?
- datadrivenangel 3y agoCore concept and the economic prospect?
- AlchemistCamp 3y agoCoinbase is a winner on both dimensions.
- vvpan 2y agoYeah, Coinbase is really killing it.
- spxneo 2y agowrong question to ask the correct question is who funded coinbase
- sandofsky 3y agoIn January 2020, as news broke about Lambda School's scummy behavior, Graham gave Austen a pep talk which he later expanded into the essay, "Haters." It has aged like a fine milk. https://paulgraham.com/fh.html https://paulgraham.com/fh.html
- CPLX 3y agoThe more we see the legacy of PG’s various protégés and “thought leadership” out in the world the more I start to think Jessica Livingston might have been responsible for much more of YC’s successful trajectory than people realized at the time.
- robocat 3y agoPG writes about her influence here, and why she avoids the spotlight: https://www.paulgraham.com/jessica.html https://www.paulgraham.com/jessica.html He also seems to give some credit to Jessica for choosing to back the Reddit founders: we thought that we were funding ideas rather than founders, we rejected them. But we felt bad about it. Jessica was sad that we'd rejected [them]. Edit: she gets mentioned here too: https://www.paulgraham.com/ycstart.html https://www.paulgraham.com/ycstart.html
- uhohspaghetti 3y agoCandidly, that was pretty clear even decades ago when this was an obscure little place. PG, for example, didn’t realize that discriminating against people who have children might not be great until he himself had kids. He’s a mid dude with gross feet who came up with a wildly profitable business model (6% equity in as many promising founders as possible).
- leosanchez 3y ago> He’s a mid dude with gross feet Does he sell feet pics :) ?
- uhohspaghetti 2y ago
- martythemaniak 3y agoVCs would improve their public image if they took the occasional L.
- homefree 3y agoI thought the idea behind lambda was good I was a lot more surprised by PG's strong support for Mighty which seemed a lot more bizarre. Though his recent tweets wrt Israel have been the most disappointing for me.
- CPLX 3y agoThanks for reminding me of that. That was one of the dumbest fucking startup ideas most people had seen in awhile. Many just sort of said the obvious out loud, which is that it made no fucking sense as a business, and then all these rich supposed geniuses tried to shout them down. Even by the usual standards of the genre that one was a head scratcher.
- CPLX 3y agoAmusing addendum: https://news.ycombinator.com/item?id=26957215 https://news.ycombinator.com/item?id=26957215
- reducesuffering 3y agoLambda School and Mighty having the biggest PG cheerleading support of anything else kind of seals the deal. You can be great at something for awhile but youll always lose the zeitgeist eventually.
- ignoramous 3y agoPinpointing two duds among a sea of hits to smear Paul is... berserk.
- busterarm 3y agoNot when he's still doubling down on that support in the wake of everything.
- vvpan 3y agoPeter Gregory.
- smt88 3y agoPg is a clown and a grifter, like most VCs in Silicon Valley. Almost nothing he says (outside of his comments on programming) ages well.
- wk_end 3y agoEven his comments on programming are…questionable. He spent years hyping up Arc, his “hundred-year language”, and in the end it arrived as…Scheme with some shorthands?
- mistrial9 2y agospeaking of age - raise a glass to the few thousand over-forty people who were categorically rejected from the rank and file of so many Y-companies
- weezin 3y agoThis post is quite ironic. https://x.com/paulg/status/1110677737558159360 https://x.com/paulg/status/1110677737558159360
- chimeracoder 3y agoWhat's the parent post? People who aren't logged in with a Twitter account just see the words "Lambda School", because Twitter no longer shows any replies or parents.
- brentm 3y ago@tommycollison: What’s going to be very important in 5 years’ time that we’re not thinking enough about now?
- mvdtnz 3y agoIt makes perfect sense when you remember pg is actually a dumb guy.