u/CodedCoder wrote (the comment Michael replied to):
I respect Michael heavily and have had plenty of conversations with him. I think he is an honorable guy from the convos we have had, I would not "complain" if they let more people in, my point is when you are very picky, it skews the numbers compared to any other type of program.
u/michaelnovati replied · · edited ★ FEATURED
I do think it's a fair question/comment yeah. It's also one of the reasons we don't publish "CIRR-like" outcomes.
I see day in - day out on here how people just programs strictly by outcomes and the fundamental problem is that a randomly selected person doesn't just get accepted into program X and it's a free ride to $Y salary.
Formation is VERY hard work, so it's not about selecting great people, they get great jobs and we get the credit. But it is both ways. If we select people who we know Formation is more likely to work effectively for, then we're more likely to have more amazing experiences, which might attract more people who it might not work for. I think that's fine if we are honest with individuals when they apply if we think Formation is good or not and that people trust that assessment.
Believe it or not, Formation is NOT good for people who have done all the LC Hard problems and just can't find a job and think Formation will give them the job.
We are genuinely ideal for people that have some basic foundation but notable gaps to fill, and we get those gaps filled consistently, efficiently, and at whatever pace works for you.
We had a Netflix program over the summer and I hope we'll have more to share about that after the people interview soon. It's a great example of showing how the people selected by Netflix were not only the highest scoring people, but people who had notable gaps to fill and all of the soft-traits they were looking for. And we successfully filled all those gaps in most of the people in the program!