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“Copyright © 2024 — BloomTech Inc.”[1] Isn’t this the same BloomTech founded by Austen Allred that was subject of all of the hubbub for running coding bootcamp
by ycombiredd 2y ago
“Copyright © 2024 — BloomTech Inc.”[1]
Isn’t this the same BloomTech founded by Austen Allred that was subject of all of the hubbub for running coding bootcamps (“Lambda”, “BloomTech”) that got into all sorts of trouble a while back for (according to the US Government) deceiving students? [2]
“government agency banned Allred from student-lending activities for 10 years and permanently banned BloomTech from all consumer-lending activities. In addition, BloomTech must pay $64,000 and Allred must pay $100,000 in civil penalties, which will go toward a victim relief fund” [3]
Maybe that explains the “free of charge” part of it. lol
sources:
1
https://www.gauntletai.com/ https://www.gauntletai.com/
2
https://www.consumerfinance.gov/enforcement/actions/bloomtech-inc-and-austen-allred/ https://www.consumerfinance.gov/enforcement/actions/bloomtec...
3
https://www.businessinsider.com/bloomtech-lambda-school-austen-allred-deceived-students-cfbp-says-2024-4?op=1 https://www.businessinsider.com/bloomtech-lambda-school-aust...
- codingdave 2y agoInteresting. That also explains why they are claiming to be from YC S17. I guess this just the next incarnation of LambdaSchool, and all the baggage that comes with it. Or, another attempt to re-brand to avoid said baggage.