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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 Nov 13

      Lambda School's most recent cohort to reach 6 months on the job market just hit 86% hired. We only count a student as "hired" if they're making $50k+ as a software engineer.

      12 replies 13 retweets 314 likes
    2. Will Houghteling‏ @willhoughteling Nov 13
      Replying to @AustenAllred

      Is the denominator the total # of people who started the program (or reached some "official start" metric, recognizing there are a lot of functional window shoppers) or only those who finished the program?

      1 reply 0 retweets 1 like
      Austen Allred‏Verified account @AustenAllred Nov 13
      Replying to @willhoughteling

      The denominator is graduates. Makes no sense to measure hiring rate of people who didn't graduate.

      12:19 PM - 13 Nov 2018
      1 reply 0 retweets 0 likes
        1. New conversation
        2. Will Houghteling‏ @willhoughteling Nov 13
          Replying to @AustenAllred

          I trust/imagine you all are faithful/honest, but remember in the first wave of bootcamp mania hearing many stories of students being "kicked out" a day/week before graduation to juice those numbers. placement rates should be shared/celebrated in parallel w graduation rates.

          1 reply 0 retweets 0 likes
        3. Austen Allred‏Verified account @AustenAllred Nov 13
          Replying to @willhoughteling

          Ya that's not happening. Our graduation rate is around 85%

          1 reply 0 retweets 2 likes
        4. Keith Schneider‏ @SchneiderKJ Nov 13
          Replying to @AustenAllred @willhoughteling

          There would be zero incentive, right. As company gets paid when people get good paying jobs

          1 reply 0 retweets 0 likes
        5. Will Houghteling‏ @willhoughteling Nov 13
          Replying to @SchneiderKJ @AustenAllred

          Depends. Post-grad placement rate (and then post-hire performance) are top datapoints for marketing/growth. You could imagine someone v cynical juicing those #s even at risk of short-term revenue bc student acq is the harder long-term problem than grad placement

          1 reply 0 retweets 2 likes
        6. Emanuil Tolev‏ @emanuil_tolev Nov 13
          Replying to @willhoughteling @SchneiderKJ @AustenAllred

          Lambda doesn't strike me as being anywhere near the student acq problem. I'd expect the opposite, and I'd expect that to be a trend for the next year or two. Even after that tbqh, given they clearly understand how to tell a story better than any other bootcamp style school.

          0 replies 0 retweets 1 like
        7. End of conversation

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