u/InTheDarkDancing wrote (the comment Michael replied to):
If you want FAANG then yes the market has changed and you're probably not getting that. There are tiers below where hiring is still occurring. I think it's unfair to hypothesize Codesmith's results have fallen off a cliff. Let the data come out before making assumptions. I still
u/michaelnovati replied · · edited ★ FEATURED
I think Codesmith's results will continue to be better on paper than most bootcamps even though they will be lower than the 2021 outcomes. We won't know until at least June 2023. I expect H1 2022 to be fairly strong, especially in terms of compensation with so many people going to Capital One and Amazon... two companies that compensate mostly in cash compared to other high comp companies.
Several people have noticed that they seem to have 6 fellows per cohort now (BootcampBen disputed, but I'm going off the 56 fellows on their website) and that might help slow the drop in placement percentages as well.
I also think if their results tanked it wouldn't change much about how people feel about them. It's not like they can control the market and are failing at it. The only thing that would change that is if they had a loophole that only works in good markets and not bad and people turn on them all of a sudden because of a lack of quality day to day.