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NEWS: First wave of contracts totalling $4.4M under the $118M IRS BPA were awarded to Fedstack, Gauntlet AI, Fearless, and Sokat. Codesmith with no reported contracts.

r/codingbootcamp

u/UnknownnnnNn11 wrote (the comment Michael replied to):

Most of Gauntlet funding comes from one source, Joe Liemandt. All of cohort 1 went to his companies or ones he invested in. Cohort 2 on forth 30 to 70 percent went to his companies they advertise the others companies as substantial hiring but it isn't true at all.

u/michaelnovati replied · ★ FEATURED
I agree if those numbers are correct that it's shady, I think the problem is that people aren't spending any money to attend. I fully agree that "time is money" but legally I doubt Gauntlet will get the same scrutiny that Lambda did. I think if that many people lost their jobs or didn't get one they would flood reviews to warn people and it will stop working?