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Is a Tuition Price Drop Coming for Codesmith?

r/codingbootcamp

u/Entire-Philosopher26 wrote (the comment Michael replied to):

HI Michael Thanks for sharing your thoughts—it's clear you've put a lot of consideration into this, and I really appreciate the insight. I agree that you've highlighted some important concerns, and I respect the fact that you’re voicing the perspectives of those who might no

u/michaelnovati replied · ★ FEATURED
Yeah for $59 it's a great way to test things out for sure! I'm speaking more at a company strategy level and zoomed out view. I'm on a remote cruise right now and my analogy would be watching all the cruise ships big and small come in and out of the harbor from a top a nearby mountain and trying to gauge where everyone is going. Is the ship sunk? About to collide with an iceberg and just won't move out of the way? Or seems to be doing everything right. My view on Codesmith is that it's hit the iceberg and stubbornly not acknowledging it. But I might be wrong and they can try to change and do a 180, the CEO could step down, they could sell off, merge, or maybe they find a way to creatively keep the ship floating (e.g. Future Code) and then after reasoning their footings, make changes to avoid the iceberg in the future. If this are at the CSPrep phase then consider all your free and cheap options and give them time. Unless you are autodidactic, take things slow and keep coming back to it, and if it sticks for a while, THEN consider going all in on a bootcamp. Launch School bakes this process into their curriculum, from free Core Live, to Core to Capstone and it works extremely well. Codesmith bakes this into their process but frames it more of a privilege to move forward rather than a confirmation of fit, but similar thing. Lowering the bar to CSPrep will result in more people going, But if I'm right should not result in more people making it to the immersive because I believe there's a fixed amount of people there. if lowering this price results in way more people going into the immersive I would consider that a massive red flag. The problem is our top of funnel - the same number of people as ever are interested in bootcamps - the problem is the market which they have no control over. Their own numbers show the market is worse and odds of getting a job worse. So I advise slow and steady. If you do CSPrep and feel pressured to do the immersive (because behind the scenes numbers are dwindling, and in the past they offered admissions people bonuses to get people to join faster) then please tell me and please do not go unless you talk to more objective people after more views.