u/michaelnovati replied ·
Thanks for sharing. Springboard is a startup and has been a large shift in this climate to startups being profitable. Springboard had raised funding during the boom times based on its rapid growth and I'm sure the job guarantee helped fuel that growth too. In a good market where people get jobs that job guarantee wasn't really necessary because people were getting jobs before then. And now when people are not getting jobs, we see that the job guarantee is not a stable business model.
At the end of the day, they have employees they are paying and they are offering you services and they are teaching classes and they are giving you materials and all these things and someone has to pay for.
If you use all the services and then don't pay a single penny then you got something great for free, so of course that's why you would sign up. But it's not a stable business model and right now companies can't get more funding to keep them going anymore.