u/jcasimir wrote (the comment Michael replied to):
Yeah at the point where there are secondary companies and people are writing letters of reference -- it sure feels like you've crossed a line.
u/michaelnovati replied · ★ FEATURED
Yeah I've actually seen some Codesmith grads start an LLC for their project. Not sure if the IP paperwork is on the up and up there, but running an LLC teaches you something! haha.
Before I did Formation, we ran a company called Buildschool that WAS a free bootcamp, where senior engineers did paid contracting projects and the students learned by shadowing those projects and some became paid contractors on them later on was a really good model and a lot of those people placed and have great jobs.
The problem is the projects don't scale. Each one is different and unique. But like I keep saying, if you stay smaller and hands on focused on placement, it could work.