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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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    Austen Allred‏Verified account @AustenAllred Sep 12

    Lambda School’s experiment 3 is officially underway. We’ve selected and are paying 10 people $1,000/month to enable them to attend Lambda School. They’ll pay it back in the form of additional time on an income share agreement if they get a software job paying $50k+.

    5:47 PM - 12 Sep 2018
    • 18 Retweets
    • 235 Likes
    • Ash Dennis Orbison lovecoding Dalton™️ Shernaz Daver Lainy Painter 📷 JSFeliciano Keiver Sergio Villasenor
    14 replies 18 retweets 235 likes
      1. New conversation
      2. Duncan Burns‏ @LoLattheUS Sep 12
        Replying to @AustenAllred

        #H1B's make more than that, the bar is pretty low, to the point of debt servitude. That is of course if Americans can beat out the lower paid H-1B in the first place. The theory is great, but the reality is far different.

        1 reply 0 retweets 0 likes
      3. Austen Allred‏Verified account @AustenAllred Sep 12
        Replying to @LoLattheUS

        Depends on where you’re at. $50k is a solid junior engineering salary in a lot of the United States

        1 reply 0 retweets 0 likes
      4. Duncan Burns‏ @LoLattheUS Sep 12
        Replying to @AustenAllred

        The jobs are solidly West/East Coasts though. Middle/Flyover America are not in need of developers. The Coasts demand higher wages, but the competition is tough - We have over 40K H-1B's in MA, no graduate would stand a chance unfortunately. Balance Sheet > Altruism unfortunately

        2 replies 0 retweets 0 likes
      5. Austen Allred‏Verified account @AustenAllred Sep 12
        Replying to @LoLattheUS

        That is fundamentally untrue

        2 replies 0 retweets 2 likes
      6. Austen Allred‏Verified account @AustenAllred Sep 12
        Replying to @AustenAllred @LoLattheUS

        In the past 30 days we’ve had 20+ students hired in middle America

        2 replies 0 retweets 4 likes
      7. Duncan Burns‏ @LoLattheUS Sep 12
        Replying to @AustenAllred

        Which is fantastic for them. Figure a way to replace the 3 million #H1B's w/legislation for more. I support what your're doing. I would love Americans to have all those jobs, and reduce the H-1B and offshoring of jobs for the benefit of our fellow Americans

        1 reply 0 retweets 1 like
      8. Austen Allred‏Verified account @AustenAllred Sep 12
        Replying to @LoLattheUS

        I don’t believe it’s a zero sum game

        1 reply 0 retweets 1 like
      9. Duncan Burns‏ @LoLattheUS Sep 12
        Replying to @AustenAllred

        I don't look at it as a game at all. I've seen families in ruin because the bread winner was fired over the #H1B. Please don't mistake where my loyalties are.

        0 replies 0 retweets 0 likes
      10. End of conversation
      1. New conversation
      2. Matthew Watts‏ @5Watts Sep 12
        Replying to @AustenAllred

        For these experiments, what are the metrics you’re watching to judge success?

        1 reply 0 retweets 0 likes
      3. Austen Allred‏Verified account @AustenAllred Sep 12
        Replying to @5Watts

        Success of the students which = whether we make or lose money

        1 reply 1 retweet 1 like
      4. Matthew Watts‏ @5Watts Sep 12
        Replying to @AustenAllred

        Ok. Similar to the other experiments then, I’d guess. So these tests are about opening up more audiences to participate in the core value.

        1 reply 0 retweets 2 likes
      5. Austen Allred‏Verified account @AustenAllred Sep 12
        Replying to @5Watts

        Yup

        0 replies 0 retweets 2 likes
      6. End of conversation
      1. New conversation
      2. Melvin Peepers‏ @peepersmel Sep 13
        Replying to @AustenAllred

        Do you only start paying back for the ISA if you get a $50k+software job? Or if you have a job period and you’re already making over $50k?

        1 reply 0 retweets 0 likes
      3. Austen Allred‏Verified account @AustenAllred Sep 13
        Replying to @peepersmel

        Software job only

        1 reply 0 retweets 1 like
      4. Melvin Peepers‏ @peepersmel Sep 14
        Replying to @AustenAllred

        I was told that the ISA would need to be paid as soon as I graduated LambdaSchool as I’m in a tech job making more then $50k. I do support at a VoIP company.

        1 reply 0 retweets 0 likes
      5. Austen Allred‏Verified account @AustenAllred Sep 14
        Replying to @peepersmel

        We err on the side of caution as we’re not the ones always administering the payments

        0 replies 0 retweets 0 likes
      6. End of conversation
      1. New conversation
      2. Ben Dundee‏ @RealBenDundee Sep 12
        Replying to @AustenAllred

        Curious: do you adjust the 50k for cost of living?

        1 reply 0 retweets 0 likes
      3. Austen Allred‏Verified account @AustenAllred Sep 12
        Replying to @RealBenDundee

        No, that’s legally borderline impossible. We do encourage people to not take a 50k job in Silicon Valley

        0 replies 0 retweets 2 likes
      4. End of conversation
      1. New conversation
      2. Rubio‏ @Rubio_Capo Sep 13
        Replying to @AustenAllred @LambdaSchool

        Would love to do this part time.

        1 reply 0 retweets 0 likes
      3. Austen Allred‏Verified account @AustenAllred Sep 13
        Replying to @Rubio_Capo @LambdaSchool

        We have part time classes but doesn’t come with a stipend

        0 replies 0 retweets 0 likes
      4. End of conversation

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