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impcapital's profile
Sarah Cone
Sarah Cone
Sarah Cone
@impcapital

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Sarah Cone

@impcapital

Managing Partner @ Social Impact Capital. Invest in seed deals that can make venture returns & a positive social impact. #ImpInv #VC

Tribeca, Manhattan
social-impact-capital.com
Joined April 2016

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    Sarah Cone‏ @impcapital Jun 22

    Here are real metrics comparing boot camps (% of graduates with full-time employment 180 days after completion | median salary) Bloc Online Designer 51.7% | $70,000 Hack Reactor SF 57.7% | $109,000 Bloc Web Dev 62.3% | $57,500 Lambda 62.5% | $60,000

    10:34 PM - 22 Jun 2019
    • 80 Retweets
    • 630 Likes
    • Madhavan Narayanan BMac Ming-ya Wang Felix 🌳🌖 Ludwi max humber William Josué Barahona Castillo Dmitry Shaplyka LuGud Gooner
    28 replies 80 retweets 630 likes
      1. Sarah Cone‏ @impcapital Jun 22

        Thinkful Online Data Science 68.8% | $70,500 Launch Academy 72.2% | $70,000 Codesmith NYC 80.6% | $112,500 Codesmith LA 81.6% | $106,580 cite: <https://cirr.org/data >

        9 replies 19 retweets 146 likes
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      1. New conversation
      2. Paul Roales‏ @PaulRoales Jun 23
        Replying to @impcapital

        Wait if you are not a lambda school cheerleader are you even allowed to be on Twitter? I thought those were the rules...

        2 replies 0 retweets 11 likes
      3. Sarah Cone‏ @impcapital Jun 23
        Replying to @PaulRoales

        It’s disgraceful for a VC to speak poorly of a start-up in public, but it’s such a good example of everything that is structurally wrong with our industry. And now I shall never speak of it again, so I don’t become a raving maniac, and also, I have better companies to attend to.

        1 reply 1 retweet 18 likes
      4. Paul Roales‏ @PaulRoales Jun 23
        Replying to @impcapital

        So wait all VC’s must be cheerleaders for every startup that exists? Theranos included?

        2 replies 0 retweets 5 likes
      5. Sarah Cone‏ @impcapital Jun 25
        Replying to @PaulRoales

        Our firm was an early raving maniac on Theranos too via @datarade who developed a DD technique just to prove that it was complete bullshit that we still use to this day. (For the record, we never looked at it. But we will sometimes do "public" DD when we become raving maniacs.)

        0 replies 0 retweets 2 likes
      6. End of conversation
      1. New conversation
      2. Josh Millsapps‏ @Jmillsapps Jun 23
        Replying to @impcapital

        My understanding...and I could be wrong is that Lamda is free until you get a job w the skills you learned. So unless those other programs aren’t charging up front this is a bit of apples and oranges. The removal of the risk of it not working seems like a pretty big deal to me.

        3 replies 1 retweet 30 likes
      3. Tony‏ @safoian Jun 23
        Replying to @Jmillsapps @impcapital

        I don't think Lamda is a "boot camp" in the tradition sense. It's 9 months, it's full time and costs nothing unless the graduate starts making real money. I agree with you.

        2 replies 0 retweets 16 likes
      4. Sarah Cone‏ @impcapital Jun 23
        Replying to @safoian @Jmillsapps

        Pretty much all the options offer a money back guarantee or some option that similarly removes some element of risk.

        6 replies 0 retweets 18 likes
      5. Dmytro Mishkin‏ @ducha_aiki Jun 23
        Replying to @impcapital @safoian @Jmillsapps

        I have no idea what Lambda is but from cashflow perspective, there is a huuuge difference between "you pay after getting a job" and "you have to find money now and then we can do money back"

        2 replies 0 retweets 22 likes
      6. Dan Levy‏ @justsml Jun 23
        Replying to @ducha_aiki @impcapital and

        So true @ducha_aiki . The policy "if it doesn't work out, you might only owe 20-60% of your loan" isn't the same vote of confidence as "follow our process, and you'll only pay if you succeed by getting an industry job over $50k/yr" This is a big difference for most folks.

        0 replies 0 retweets 14 likes
      7. End of conversation
      1. New conversation
      2. siggy‏ @sbilstein Jun 22
        Replying to @impcapital

        Super interesting; tweets about lambda grads would lead one to think otherwise. I wonder how they do relative to CoL for those not seeking work in a tech hub.

        4 replies 0 retweets 19 likes
      3. Sarah Cone‏ @impcapital Jun 22
        Replying to @sbilstein

        There are absolutely success stories, but when I was looking into the boot camp market you heard similar student success stories about pretty much every boot camp.

        2 replies 1 retweet 29 likes
      4. Curtis Duggan‏ @CurtisDuggan Jun 23
        Replying to @impcapital @sbilstein

        I'm in digital health — and furthermore, based on the norms of our industry, longitudinal data is better. How well do grads do over two years at their job? What's the attrition rate?

        1 reply 0 retweets 5 likes
      5. Curtis Duggan‏ @CurtisDuggan Jun 23
        Replying to @CurtisDuggan @impcapital @sbilstein

        The bottom line is that Silicon Valley VCs as people and as a proxy/custodian for capital seeking a return value both game-changing effective products and services and the ability to sell and market adequate or just-ok products at scale

        0 replies 0 retweets 0 likes
      6. End of conversation
      1. New conversation
      2. D.S.‏ @Familyofive Jun 26
        Replying to @impcapital

        So what are the numbers for @GA? Currently enrolled in the front end dev boot camp?

        1 reply 0 retweets 0 likes
      3. Sarah Cone‏ @impcapital Jun 26
        Replying to @Familyofive @GA

        Ask them! And never trust a boot camp that won’t tell you. But there are also serious issues with the data.

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Isaac M. Morehouse‏ @isaacmorehouse Jun 23
        Replying to @impcapital

        @DiscoverPraxis kicking some ass. No ISA, participant cost is only CoL for 6 months. 90% employment. 85% grad rate. $48.5k median for non techies. Avg age 20.

        0 replies 1 retweet 25 likes
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      1. New conversation
      2. Alex Poncet‏ @SaneHustle Jun 23
        Replying to @impcapital

        Does anyone have the same data for people with CS college degree?

        1 reply 0 retweets 31 likes
      3. Matt‏ @Matt24505737 Jun 23
        Replying to @SaneHustle @impcapital

        I'd also be interested to know the number of CS grads included in this statistic.

        0 replies 0 retweets 4 likes
      4. End of conversation
      1. New conversation
      2. Terrence‏ @inkwithterrence Jun 23
        Replying to @impcapital

        Can someone please explain to me what makes codesmith and Hackreactor clearly stand out? Is it in their curriculum/syllabus or strategy? What exactly is it? I'm guessing their graduates are better equipped so I'd like to know how. Thanks.

        7 replies 0 retweets 1 like
      3. Mitchell Wright‏ @mitchellbwright Jun 23
        Replying to @inkwithterrence @impcapital

        It’s because they only accept people that have a very strong base in programming. (At least Hack Reactor, I am not as familiar with the Codesmith admissions process)

        4 replies 0 retweets 9 likes
      4. Ryan Hamblin‏ @RyanleeHamblin Jun 23
        Replying to @mitchellbwright @inkwithterrence @impcapital

        Have been through the hack reactor admission process. Can speak to the generation a few years back.

        1 reply 0 retweets 1 like
      5. Ryan Allred‏ @ryanallred Jun 23
        Replying to @RyanleeHamblin @mitchellbwright and

        Also, these stats are just wrong - for Lambda at least. If they come from the CIRR report that Sarah Mentioned that is.

        0 replies 1 retweet 6 likes
      6. End of conversation

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