u/metalreflectslime wrote (the comment Michael replied to):
My brother paid $17,780 to attend Hack Reactor Remote in 2016. He could not find a paid SWE job. He went to C0d3, a free coding bootcamp, then he found a paid SWE job. After jumping to a startup, he attended Outco (he paid $0 upfront + 10% of his 1st year's salary). Then he g
u/michaelnovati replied · ★ FEATURED
Yeah I know when Formation started, Outco was a big player, along with Pathrise and IK, but a lot of benefited from the tailwinds of the market.
In the toughest market, we had a notable drop in top tier placements (down to about 50% of placements from 70%ish) and first year TC increases dropped to 80K on average. I think our numbers still justify the cost of the program for us, but we can't change the market, I wish we could, but we're way too small!
But that said, I can see how it's harder for the teams to say focused and motivated. Employees might leave or do new things, or there might be layoffs. I know a couple of people that did Outco that came to my company later on and they felt like it didn't have the heart in it that they expected from the past (completely anecdotal personal reflection, ask people for yourself).
It's why every program is different. Like me and my partner haven't gotten a penny of salary in four years and we're all in on what we do. Are we perfect, absolutely far from it, but the heart is there at least and I hope we can make a difference.