If you’re being generoushttps://twitter.com/tylermcginnis/status/984175549189906432 …
Haha I’m not sure it’s accurate to say Marc believes in us, but we hope we become so good you can’t ignore us. Hard to say what metrics should be - schools may need different metrics. Ours are % hired, income, income change from pre-Lambda, employer NPS, etc.
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At the end of the day what really matters are incentives. We made sure our incentives were aligned with our most important measure. That resonates.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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I went by "he silently faves many of your on-topic tweets" which seems to indicate he thinks you're on the right track. I realized after tweeting I don't know about your funding. The problem is (as you alluded) there are strong incentives to massage that data and many likely do.
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We raised $4m seed including Y Combinator, and do some fancy stuff on the back end securitizing future cash flows to help us scale without raising ridiculous amounts of VC (we have 409 concurrent students right now, 23 FT employees and about 40 contractors. One yr old).
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That securitization part sounds really interesting; otherwise 23 FT employees would burn through $4m extremely fast.
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Yeah, no way we could grow anywhere near this fast. We’d literally be 1/5 the size
End of conversation
New conversation -
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