u/Several_Top1693 wrote (the comment Michael replied to):
Yawn. Of course you would discredit CIRR. You run a company that refuses to release any transparent data and then spend all your days discrediting anyone else trying to be more transparent than others.
u/michaelnovati replied · ★ FEATURED
What information have I refused to release? I've explained extremely transparently what information we have and don't have, and why we do what we do. You can see an entire list of every single placement's company on our blog.
If you think that CIRR would work for Formation, you don't understand what Formation is and how it works, and coordinated downvoting my comments doesn't make you all understand what Formation is better than I do.
If you want me to give you a CIRR report you have absolutely no idea how Formation works and you should not be signing up whatsoever until you understand what it is and what you are getting.
We very transparently explain the average compensation gain of a placement which tanked last year from $100K to $80K and will hopefully be much higher in 2024. We were also transparent about how top tier placements tanked from 75% of outcomes to 50% (which is back up to 75% for 2024 so far!). And we explain exactly how we calculate it in a way a scientist could reproduce because that works for a junior engineering making 80K who wants a $160K job and for a senior engineering making $220K who wants a $500K job. So that's what we explain.
We can and want to share WAY MORE so I accept the criticism, but saying that I'm not transparent is false.