I call it “the Lambda Effect.” The biggest shocker for me in all of this is how reliably you can take someone from $20k/yr to $80k+/yr with a few thousand dollarspic.twitter.com/xgJea30GJ7
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.
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I call it “the Lambda Effect.” The biggest shocker for me in all of this is how reliably you can take someone from $20k/yr to $80k+/yr with a few thousand dollarspic.twitter.com/xgJea30GJ7
This is a really interesting business model; my only concern is that your pricing would be nuts. You're asking for 17% of customer post-tax income for 2 years. That's a lot of money to give away esp if you're in a high rent area. Otherwise, looks cool
Not just that but this is a bit of a trap as well. If I signed up to your course and earned $49k I'd pay nothing. If I earned $50k I'd end up earning a lot less money than I would if I was earning $49k. I'm hoping you have answered these questions somewhere..?
If you’re in a high rent area your salary is higher; $50k programming jobs outside of rural areas isn’t really a thing. Our median salary is $90k
For some perspective, I am in a high rent area. My rent is over half of my salary. I am not paid poorly. If I personally had to give up 17% of my post-tax income I would quite literally be giving you roughly half of the money I have left after tax and rent (but before bills).
(I am assuming that your requirement is 17% of gross income, which is obviously taxed, so if i were earning $100k you'd ask me to pay $17k annually)
It’s also capped at $30k total
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