I love compensation models that align incentives between parties: * Salespeople paid on commission * Tips for service * Carry for fund managers * Tuition that's based on a graduate's future income * Affiliate models * Money-back guarantees What are other interesting examples?https://twitter.com/briannekimmel/status/1039682691178713088 …
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Replying to @lpolovets
Don't agree on the tuition one. Graduate's future income also depends on the graduate himself/herself. The model you recommended is best suited where the outcome quality is only dependent on the service provider and his/her team, if any.
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Replying to @talquoinc
I think there's still alignment because that just creates an incentive for the school to seek out students it thinks will do well with a degree.
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Replying to @lpolovets @talquoinc
(I agree though that it's not 100% perfect)
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Replying to @lpolovets
Well, I agree with that. The onus is on the school. But, it's a little too difficult for the school with most applicants using resume spikes in their applications. It might work well with the best schools out there.
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Replying to @talquoinc
Maybe
@AustenAllred can chime in here. He's the CEO of@LambdaSchool, which is the startup that made me think of this model.1 reply 1 retweet 3 likes -
Would love to have his views.
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Students are already incentivized to get a job. We have to select ones we think will be successful, of course
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Of course! Great stuff you are doing at
@LambdaSchool . Interesting model. All the best!0 replies 0 retweets 0 likesThanks. Twitter will use this to make your timeline better. UndoUndo
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