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AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

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Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

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    1. Austen Allred‏Verified account @AustenAllred Aug 26

      I seriously underestimated how powerful word of mouth would be when running a school. I thought you’d grow a little by that but mostly by marketing. We’d have to spend a FORTUNE on ads to reproduce these results. Everyone hears from someone else.

      21 replies 11 retweets 254 likes
      Show this thread
      Austen Allred‏Verified account @AustenAllred Aug 26

      Our blended CAC is going down, which is not something I would have predicted at our current growth rate in my wildest dreams

      9:58 PM - 26 Aug 2018
      • 3 Retweets
      • 71 Likes
      • Ben Gruber Jeff Weinstein Dallen Allred Sumanth ⚡ Chad Huber Samantha Friedman Jamon Holmgren Girl Alex Bernard Desarnauts “BD”
      6 replies 3 retweets 71 likes
        1. New conversation
        2. hello‏ @bobpoekert Aug 26
          Replying to @AustenAllred

          has your acceptance rate been going down as you've gotten more applicants?

          1 reply 0 retweets 0 likes
        3. Austen Allred‏Verified account @AustenAllred Aug 26
          Replying to @bobpoekert

          We don’t even look at people now unless they do some of the precourse work. Don’t even pay attention to raw applications, it’s a vanity metric

          1 reply 1 retweet 5 likes
        4. hello‏ @bobpoekert Aug 26
          Replying to @AustenAllred

          isn't raw applications in the middle of your funnel?

          1 reply 0 retweets 0 likes
        5. Austen Allred‏Verified account @AustenAllred Aug 26
          Replying to @bobpoekert

          Depends. It’s not a clean beginning to end funnel like most companies. Working on seeing if we can change that actually.

          0 replies 0 retweets 0 likes
        6. End of conversation
        1. Evan J Zimmerman‏ @ejzim Aug 27
          Replying to @AustenAllred

          You've got product market fit. Congrats!

          0 replies 0 retweets 1 like
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        1. Jamon Holmgren‏ @jamonholmgren Aug 26
          Replying to @AustenAllred

          I’ve told many myself. Just from following you and learning about your approach, I’m a fan!

          0 replies 0 retweets 1 like
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        1. grahammcbain‏ @grahammcbain Aug 27
          Replying to @AustenAllred

          Is it going down by channel as well?

          0 replies 0 retweets 0 likes
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        1. Bill Seitz‏ @BillSeitz Aug 27
          Replying to @AustenAllred

          That will probably change eventually unless you are willing to slow growth... (which OPM doesn't generally support)

          0 replies 0 retweets 0 likes
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        1. Sam Havens‏ @sam_havens Aug 26
          Replying to @AustenAllred

          Congratulations, you deserve it!

          0 replies 0 retweets 0 likes
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