Thanks for the writeup, great summary of all most all Bootcamps fundamental problems.
> The problem with the bootcamp gold rush is and has always been the business model. You have a few major variables:
> 1. How much can a person pay you?
> 2. How many people can you fit in a classroom?
>3. How long can the classes be while still maintaining a profit margin?
> Every single bootcamp recognizes that this is not a great way to train engineers. 12 weeks simply isn't enough.
> The main thing we wanted was incentives aligned with our students; so we started from, "What if we didn't get paid unless students get a job?" That forced us to change everything else. I actually thought it might not be possible for a while.
> I don't consider Lambda School to be a code bootcamp. We're six or seven months long full-time, which is 2.5x the length of a code bootcamp, plus a month of pre-course work
> All of that combined lets us open up a promise, which is what really matters for students at the end of the day -
> The problem with the bootcamp gold rush is and has always been the business model. You have a few major variables:
> 1. How much can a person pay you?
> 2. How many people can you fit in a classroom?
>3. How long can the classes be while still maintaining a profit margin?
> Every single bootcamp recognizes that this is not a great way to train engineers. 12 weeks simply isn't enough.
> The main thing we wanted was incentives aligned with our students; so we started from, "What if we didn't get paid unless students get a job?" That forced us to change everything else. I actually thought it might not be possible for a while.
> I don't consider Lambda School to be a code bootcamp. We're six or seven months long full-time, which is 2.5x the length of a code bootcamp, plus a month of pre-course work
> All of that combined lets us open up a promise, which is what really matters for students at the end of the day -
attend for free until you get hired.