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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 Sep 6

      Austen Allred Retweeted Tomas Utting

      It makes a whole lot of sense when you understand that getting our students jobs is literally the only way we make money #skininthegamehttps://twitter.com/TomasUtting/status/1037742984199106564 …

      Austen Allred added,

      Tomas Utting @TomasUtting
      Replying to @AustenAllred
      I love the fact that this is your primary KPI, and not revenue/enrolments/admission rates - you really seem to have taken ‘you make what you measure’ to heart
      5 replies 5 retweets 150 likes
    2. Paul Frazier‏ @pfrazier Sep 6
      Replying to @AustenAllred

      What is your placement rate? Student who have spent x (at least two weeks and two grand perhaps) time and money with you who have a job? 9/10? 10/10?

      1 reply 0 retweets 0 likes
      Austen Allred‏Verified account @AustenAllred Sep 6
      Replying to @pfrazier

      http://LambdaSchool.com/outcomes 

      9:55 AM - 6 Sep 2018
      • 1 Like
      • Farhan Thawar
      1 reply 0 retweets 1 like
        1. New conversation
        2. Paul Frazier‏ @pfrazier Sep 6
          Replying to @AustenAllred

          Nice! To be clear, I am a BIG fan! Just love data. :) Does that 83% count students who have dropped out? From following your tweets, dropouts might not even hurt the stat since some are drop (hired to job) outs.

          1 reply 0 retweets 0 likes
        3. Austen Allred‏Verified account @AustenAllred Sep 6
          Replying to @pfrazier

          No, it doesn’t include dropouts

          1 reply 0 retweets 0 likes
        4. Paul Frazier‏ @pfrazier Sep 6
          Replying to @AustenAllred

          How many dropouts are you seeing per cohort so far? How does the income share repayment work with them?

          1 reply 0 retweets 0 likes
        5. Austen Allred‏Verified account @AustenAllred Sep 6
          Replying to @pfrazier

          About 80-85% graduate, if you drop out after the first month you have a pro-rated income share agreement, otherwise you don’t pay anything

          1 reply 0 retweets 1 like
        6. Paul Frazier‏ @pfrazier Sep 6
          Replying to @AustenAllred

          Nice. :) Your model makes me happy. I am intrigued by the other thread I saw about if you ever plan on doing liberal arts type classes. Do you currently do any type of business communication or business skills type work as part of program?

          0 replies 0 retweets 0 likes
        7. End of conversation

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