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BREAKING: IRS $118M BPA for Hiring and Training - 3 more companies including Gauntlet AI added to join FedStack and Lantec/Codesmith. More companies coming soon.

r/codingbootcamp

u/Real-Set-1210 wrote (the comment Michael replied to):

Sounds good you want to join me and make a quick M

u/michaelnovati replied · ★ FEATURED
It's not like the movie War Dogs haha! The IRS has had so many cuts and freezes I really don't think they are dishing out millions for garbage. I think they are creating a highly competitive process to get all the services they want for the cheapest possible price. Gauntlet claims to be doing well so they might have the money to underprice but being in a competitive business is not the way to make money. Mom&Pop corner restaurants often don't make it. Having a monopoly is how you make money. I feel like this is probably a trap. Codesmith's press release about "being selected" was fully of blatant manipulations of the truth and given then full pivot to "enterprise" and the fact that they made a Case Study document of all of their IRS work they claim to have done (which government sources still show as $0 paid out), it seems like the play here is to leverage the IRS branding to try to get enterprise customers. I don't know any company where this is a good thing to be showing off... I'm all for IRS and government modernization and many of the providers selected are long time government contractors who will probably truly make the $$$ and the others are probably using it for branding. Codesmith is super desperate and like on the verge of collapse, they are trying to put together a Physical AI program but they are really all over the place and I suspect Will wants to do that as a new company, with new funding, with a fresh start because no one will put money into an LLC that has allegedly unclear ownership.