austenallred

20 ms·

91.
by austenallred 5y ago
Link?
92.
by austenallred 5y ago
Comps may be meaningful (usually mostly for market sizing and multiple) but these are all bad comps. Coinbase is just too unique.
93.
by austenallred 5y ago
Compare it to Visa. $475B market cap. I mean it’s not really like any of these things, the comparisons are totally arbitrary.
94.
by austenallred 5y ago
Coinbase is... not a stock exchange?
95.
by austenallred 5y ago
We sell it to an SPV that we own, and have to pay back the amount that is received.
96.
by austenallred 5y ago
Part of what our students do is visible on GitHub; until graduation some of it is not. Yet you went on the record stating that Lambda School doesn’t include very basic things in the curriculum and students aren’t qualified. You had no idea.
97.
by austenallred 5y ago
Sorry, you’ve lied too many times and misconstrued too many things. I don’t trust you and don’t believe you’re operating in good faith.
98.
by austenallred 5y ago
About 2,000 concurrent students. We are not profitable, so if it’s a scam it’s not a very good one. Nothing about Lambda School is predatory and I have never lied.
99.
by austenallred 5y ago
We have a hardship process as well. If there were a way to design a perfect financial instrument we would - we get as close as we possibly can. You have to construct a chain of what-ifs to generate a scenario as bad as what is the default e
100.
by austenallred 5y ago
You are the source of one of the articles citing the many things that Lambda School grads should know for a basic interview that we don’t teach. In the past I have offered a bounty for you to point out even a single one of those things and
101.
by austenallred 5y ago
I absolutely never lied about outcomes. The author of the story conflated multiple numbers (one graduation -> placement, one enrollment -> placement) and pointed out that they’re different. He was looking at different points in the fu
102.
by austenallred 5y ago
We have nearly 200 full-time employees including many, many instructors (not to mention contractors). This is just not true.
103.
by austenallred 5y ago
It’s 2. Amazon needs to hire more backend developers. Though students aren’t guaranteed a job at Amazon, and can work any number of places with that skill set.
104.
by austenallred 5y ago
Imagine a degree failing you and owing money plus interest literally no matter what happens
105.
by austenallred 5y ago
If every student were free yes, but that would incur further “debt.” Also every student is quite expensive. We gain nothing and lose a lot by enrolling students who don’t get hired.
106.
by austenallred 5y ago
I’m responding to the assertion generally. The format of ISA financing has become more sophisticated over time, but the fact that our interests are entirely aligned with our students has never changed. If I take out a car loan for $20,000 I
107.
by austenallred 5y ago
It’s only a “sale” in the sense that it’s sold to a special purpose vehicle that we own 100% of. The article is wrong in many different ways, this is only one of them.
108.
by austenallred 6y ago
It doesn’t really matter. As a purchaser of x it doesn’t matter to me what it costs to make x so long as I know clearly what x is. A Stanford grad doesn’t know what the marginal cost of their enrollment is.
109.
by austenallred 6y ago
You’re forgetting the student in all of this. At the end of the day the decision maker is the student who decides if it’s a good deal. The financing is all cashflow management behind the scenes that doesn’t really matter.
110.
by austenallred 6y ago
The cash to train students needs to come from somewhere. So in Lambda School's case that's either VCs or some other investors. Instead of running the entire school on venture capital, which wouldn't make sense (VCs need a hug
111.
by austenallred 6y ago
That isn't how any of this works. There has been a constant allegation that Lambda School sells its ISAs and therefore no longer has incentives that are aligned with students. The assertion is that, in “Big Short” style, we sell off al
112.
Lambda School (YC S17) + Amazon to Launch 9-Month Back End Engineering Program(lambdaschool.com)
6 points by austenallred 6y ago|2 comments
113.
by austenallred 6y ago
Google makes money per internet user, and a lot of its money comes from intent-based keyword searches. Blanketing anywhere in more internet is a money-maker for Google. Of course if they used Google or Gmail or Chrome Google would make more
114.
by austenallred 6y ago
It's been a while since I used fantastical but I didn't like it. I don't remember why to be honest.
115.
by austenallred 6y ago
I'm not
116.
by austenallred 6y ago
I pay for it. It makes my life easier and saves me time. It's not really hard to make my life $10/month better, and who knows how many people that is true for? I wouldn't overthink it.
117.
100% Free “Mini Code Bootcamp” by Lambda School(lambdaschool.com)
48 points by austenallred 6y ago|3 comments
118.
by austenallred 6y ago
Your salary is based on supply and demand. What is the supply of workers? All things being equal the company will pay the least amount possible. What is the demand for those workers? All things being equal the worker will work for the compa
119.
by austenallred 6y ago
TeslaCharts has been flatly and inarguably wrong about 100 times by now, especially around things they declare “impossible according to the laws of physics.” To me it sounds like a person with an obsession trying to scour the internet for a
120.
by austenallred 6y ago
It was not 3/4ths of a cohort

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