u/wulfcastle17 wrote (the comment Michael replied to):
Every single path is a business you fucking fool! College, bootcamps, holy moly nice guy Michael’s “fellowship”. They’re all businesses that have the primary objective to make money. A good proper CS degree from Columbia university that you all circle jerk to costs over 200k you
u/michaelnovati replied · · edited ★ FEATURED
Like I said, I'm confident because facts can't be manipulated and misinformation can't be backed up.
1. Codesmith admissions staff during an info call 2 weeks ago said the average cohort size is down 25% to "25 people"
2. Will Sentance shared data in an info session last week that Q1 2023 median salaries were $110K and Q2 2023 median salaries were $115K, that's a huge drop.
3. They had reported layoffs of up to 10% of staff a few weeks ago. There website staff was updated and you can use the way back machine if you want to compare.
4. The CTRI cohort was cancelled for the rest of 2024 and after the layoffs, it's possible other people are looking for jobs too.
Now about Formation:
1. We don't have any program costing anywhere near $20K, you might be talking about ISAs, loans or interest that hit that much, but the underlying cost is much lower than that. We move fast and things change. This is as of Oct 2023.
2. Formation does not provide any kind of training or teaching whatsoever, so I don't know why you are comparing it to Columbia. No one teaches a single thing and there are no classes. Formation isn't for everyone and I have never claimed it was, so we work with people who spend time to understand how it works and think it's right for them, and if people join for the wrong reasons we try to identify it early and part ways. We aren't a "leetcode class" at all.
3. I can't give specific examples for privacy reasons but Formation is a place the vast majority go AFTER Codesmith, or while working at Codesmith full time, I know less than 3 people who have chosen Formation over Codesmith and I know less than 3 people that have chosen Codesmith over Formation.
Your skepticism of business and capitalism is fine but you can do it in a nicer way that's not so mean and swearing and cursing and without saying a bunch of misinformation.