u/jkim2323 wrote (the comment Michael replied to):
no, because A- you and your wife run a company that competes with codesmith, and B- you continue to disproportionally go after the bootcamp that has the best outcomes, regardless of what the audited data shows, and yet you never provide any data re formation. what do you say to t
u/michaelnovati replied · ★ FEATURED
I don't know what to say other than facts are facts and making up your own story based on your imagination doesn't hold up.
1. We don't compete with Codesmith. I've asked Codesmith to stop telling people that because it makes people like you think we do when it doesn't hold up in any capacity. The people that teach Codesmith do Formation, not the students, and maybe that is confusing but it shouldn't be.
2. "Often over 150 or 160k" is wrong and because you referenced CIRR earlier and should know that data. Their 2022 FTRI had about 780 starts, 732 grads. 708 job hunting. 574 had placements in 360 days. 499 had salaries and 121 had salaries over 140K. That is 15% of starts for 140K+ which is more people than make 150K, which is fantastic but it's not the norm.
Codesmith is an amazing choice for the right people and I tell those people to go to Codesmith, but portraying it as something that works for everyone is misleading.
Rumors and anecdotal stories are how fake news spreads. The truth is some people have a life changing financial experience at Codesmith and most don't. Both of these statements are true, but the key is the qualifier word used.
3. Codesmith has terrible transparency. Their Director of Outcomes said, in response to my question that there was a large drop in people reporting salaries in H2 2022, that LinkedIn was used for CIRR verified placement data, but didn't go into details on what that means... I read their CIRR outcomes post and they skirt around the terrible market and only talk about positive things. Launch School and Rithm have been extremely transparent. Launch School went cohort by cohort and person by person and explained what happened in 2023 in an hour long video. Codesmith had a live session I attended with my real name and 3 people showed up and the CEO cancelled it in the first 10 mins and said he was going to do gardening instead because not enough people were there. And then said he would send out a recording of the past session and never did.
Intention to be transparent is irrelevant if actions don't match.
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I'm not saying no one should go to Codesmith and I'm not saying everyone should. The right people should. THATS WHAT I'VE ALWAYS BEEN SAYING.