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Comparing Outco, Formation, Interview Kickstart, and Pathrise

r/codingbootcamp

u/BayleeBaylee4578 wrote (the comment Michael replied to):

Thanks for responding to each of these complaints made! Appreciate it! 1. “**Don't be blinded by their marketing**..." you mention Formation students who have low morale after joining during tech peak and can’t find work still after the market crash…..I mean —again I’m not tryin

u/michaelnovati replied · ★ FEATURED
DIRECT ANSWERS TO POINTS/QUESTIONS: Generally speaking about the word "job guarantee", I flagged this earlier for our team to think about, so we'll see but it's a uncommon phrase we use in one place with limited spacing that I can see, and there are way more common phrases, slogans, and thousands of other words in our contract to read that are much more important to understand. I standby the accuracy of that in the context, but I think the hundreds or thousands of words, and phone calls, and emails, make it clear to people what that means contractually before signing up. I take the feedback that you think we should only use that phrase accompanied with stronger data showing that guarantee turns into a job and I've shared that feedback. 1.“**Don't be blinded by their marketing**..." Formations' 2024 numbers are insanes so far. 75% top tier placements, average first year comp gain of 127K. We've ADAPTED to that hard market, made thousands of tiny changes, and come out very strong right now. We are able to make all of these changes because of our investments in technology from day 1. Unsurprisingly, Fellows with the least experience are having the hardest time and we adapted to that partiallly by requiring more past experience to join Formation. So haven't been impacted by the market negatively at all in 2024. In fact, we're seeing increased interest as a result of the competitive but reasonable market for mid level and senior engineers. Codesmith being a bootcamp with a fixed curriculum, made almost no changes despite trying to, only works with people with no SWE experience, and has had terrible 2024 numbers from what has been shared with me. So no, we are not as impacted overall by the terrible market, but individual people absolutely are and some people are having a very hard time getting interviews, while most of the people we work with now are not having a hard time getting interviews. 2. See General Answer "This might sound absurd but consistent mentorship isn't..." 3. See General Answer "People don't click a button and pay $20K..." I'm sorry that struct as bizarre and I tried to explain it more. If I'm a rich and retired as you say I am, why would I be doing what I do if it's not mission driven? And why don't you believe me what my mission is and why would I be lying about it? I appreciate you questioning if I'm executing the mission effectively but I don't appreciate my mission being attacked when I have no idea who you are and what your motivations are. 4. Answered in General Answer "Paying our team well and having..." 5. See all of General Answer. There isn't a one line answer here good or bad, so that's why I'm here with my real name an identity to try to explain more.