u/ComradeGrigori wrote (the comment Michael replied to):
It's not a "proof" level contradiction, but does it have to be? Michael even responded with (partial comment from my email since it was later deleted). ​ >About 80% of placements are at top tier companies overall but that has been much lower (I don't have numbers
u/michaelnovati replied · ★ FEATURED
We don't force you to take any job and if you want to work at FAANG, **no one is kicking you out and I challenge you to leave Formation and find another path to FAANG right now.** We never promised how long it would take, and we work with people as long as they want as long as they do their part and keep intending to job hunt.
We've had a jump in placements in the past three weeks and people gave very high satisfaction ratings despite more people choosing to take non-FAANG jobs, like Chegg, Citibank, and others. For example, one person chose to change their target away from FAANG companies and was thrilled with how Formation supported them doing that and thrilled with the job they received.
I think this is very fair and is a top reason people come to Formation. If you really want to work at FAANG, you can come to Formation, don't expect to get a job on any timeframe (which I believe we make very clear everywhere) and if it takes like 12 months, so be it.
I think it's much more misleading for a program like Interview Kickstart to advertise FAANG allover the place and an "Average value of offersreceived by alums of $312,275" but to have a fixed length program and fixed period of support before kicking you out the door. You can get a refund if you don't get any offers at all and meet stringent performance, testing, attendance, participation, and other requirements, but you are lured in by FAANG and $300K+ compensation with a message much more prominent than at Formation.
I hear the frustrations with Formation and with the job market, our team has taken this feedback to heart, and we will never stop improving and making changes on a daily basis. We also understand the market has changed really fast, referrals are much harder right now, and if people changed their minds, all they have to do is talk to our team and see what their options are. When people leave early, the conversations are deeply personal and we'll do our best to support you.