A history of Lambda School: burning through $120M, why its income share agreements failed, how one developer-turned-journalist revealed the fraud, and more
Two days after his company's downfall, Austen Allred wrote: … Austen co-founded Lambda School, one of the largest educational startups of all time. Mastodon: @slightlyoff@toot.cafe . X: @carnage4life ...
The US CFPB fines BloomTech, formerly Lambda School, and CEO Austen Allred $164K+ and bans BloomTech from lending for 10 years over deceiving students on loans
In an order today, the U.S. Consumer Financial Protection Bureau (CFPB) said that BloomTech, the for-profit coding bootcamp previously known …
Sources: BloomTech, previously Lambda School, is cutting half of staff, or an estimated 88 employees, its third round of known layoffs since the pandemic began
A little over a year after buzzy coding bootcamp Lambda School rebranded as Bloom Institute of Technology …
From BitClout to income share agreements at Lambda School, the future of work feels like a pyramid scheme where you can package and sell others' potential
From BitClout to income share agreements at Lambda School, the future of work feels like a pyramid scheme where you can package and sell others' potential
The future of work is a pyramid scheme, where every person sells his favorite person to the next person. Tweets: @kylehagge , @stefanisg , and @liam_gallas Tweets: @kylehagge : Huge @drorpoleg fan — a...
Lambda School, the virtual coding school where students pay tuition only after getting a job, raises $74M Series C led by Gigafund
and it might be last funding round they ever (hope to) raise: https://techcrunch.com/...
Internal documents and interviews with former staff and students detail Lambda coding school's misleading claims about graduate outcomes and curriculum quality
One of the more popular pieces to hit … Tweets: @jason : I'm going to reserve judgement on this one, as I think the world is much better off with MORE educational options like ISAs, @LambdaSchool, and...
A look at online coding program Lambda School, which lets students defer tuition payments until they have jobs, but that many say is costly and under-delivers
Students at Lambda School say the program hasn't delivered on its promise — Bethany Surber was sleeping on friends' couches … Tweets: @dhh , @dhh , @_danilo , @knguyen , @dhh , @dhh , and @dhh Tweet...
Profile of Lambda School, an online coding program that is free in exchange for a share of post-graduation income, has 2,700 students, and is growing 10%/month
Early this summer, the tech entrepreneur Austen Allred was on Reddit, as he often is, when he noticed something suspicious. Tweets: @nathanmart , @gregoryjbarber , and @austen Tweets: Nathan Martin / ...
Lambda School, which trains students online to be software engineers in exchange for a share of future income, raises $30M Series B from Bedrock, GV, YC, others
Income Sharing Agreements are gaining the attention of higher education and Wall Street. One early success story is getting a boost from venture capital.