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JPMorgan Chase Emerging Talent Software Engineers October 2024

7 of Michael's comments in this thread · View thread on Reddit ↗

u/michaelnovati replied ·
I haven't heart yet. One of the main recruiters/public figured representing the program moved to a new role: [https://www.linkedin.com/in/adelcastillo17/](https://www.linkedin.com/in/adelcastillo17/) So maybe the marketing of it will be different this year with new people involved.

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

There won't be an October cohort this year. A friend of mine is in a Discord where someone asked a recruiter about it, and they said the next cohort won't be until 2025.

u/michaelnovati replied · ★ FEATURED
Oh wow that's unfortunate and ouch... like kicking the bootcamp industry while it's down :( I feel so bad being real about the industry right now, I don't want to be this way, but people looking to spend $20K on a bootcamp need to know how it is before making that choice. I feel even worse when alumni and staff from Codesmith go after me for telling the truth about this stuff. Coordinated downvoting my comments because they think they are bad intentioned :(

u/frenchydev1 wrote (the comment Michael replied to):

The industry is down right now, as with most it has historical ups and downs. I posted just earlier about how tech is projected to be the top equal job growth industry from now till 2030 so probably getting in and learning now isn't a bad thing at all. I spent most of the GFC ups

u/michaelnovati replied ·
Is it expected to grow for new grad and entry level roles? I said this before, my own company would be growing like crazy if bootcamps worked and did well, so I'm extremely bias to wanting it to work. But the industry won't get better by luring more people into it with exaggerated and carefully selected marketing. It will get better with more programs like Emerging Talent at JPMC. Pinterest's apprenticeship had like a dozen slots for 10K applicants. The Supreme Court leans anti-diversity strategies are making companies deprioritize having staff focused on "diversity". Companies are going back to traditional top tier CS schools for new grads. ALL OF THIS NEEDS TO CHANGE to justify the existing of bootcamps. And I hope it does.

u/frenchydev1 wrote (the comment Michael replied to):

Yes, it is expected. Unless you expect the number of coders that currently exist in the world to not increase ever then. We are in a market contraction, then the market will expand, that's how markets work. I think you're using a lot of charged vocabulary which I disagree with.

u/michaelnovati replied ·
Yeah to clarify I'm EXTREMELY biased through the top tier company lens. I am confident in my views there. I do not feel as confident with lower tier tech and non-tech engineering roles, maybe normal confidence.

u/frenchydev1 wrote (the comment Michael replied to):

It's not "lower tier tech". It's startups. I'd rather do that need work with 10,000 other devs in a giant box office. Personally. There is a lot of people getting hired without top tier CS schools, both in startups and larger companies. I'd prefer to find someone that's passionat

u/michaelnovati replied ·
All the top tier startups with a small number of people hire senior engineers. An entry level engineer is considered net negative in producing value and you hire them to invest in getting them to a higher level where they have like 10X return on salary in impact. What's an example of a startup that loaded up on entry level engineers and became a unicorn? I have numerous examples of startups that did early to get people cheap and easy and then let most go if they made it to the next stage and got significant funding and hired senior engineers. Or they lay people off if they fail. Again, talking about like the Anthropics, OpenAI, [Character.AI](http://Character.AI) and super hot top tier startups like Sierra, Perplexity, etc... I'm not saying all of this is the way it SHOULD be, but it's the way it is. I'm connected to thousands of the top tier startups, like pretty much any startup I know at least one person there or who used to work there, and this is an area I feel confident in my views on.

u/frenchydev1 wrote (the comment Michael replied to):

No it's not. I'm connected with thousands of top tier startups, talk with top tier investors, have worked in startups that have gone from 10 people in an office to billion dollar companies and what your stating is just factually wrong. Every startup I've worked at builds with a

u/michaelnovati replied ·
Good luck with that approach then, like I said in reality every company and every human is different and extremely complex and nuanced, but I stick by my observations. My team talks to recruiters, founders and leaders at all the top "silicon valley" startups yeah and who they want to hire and it's our job to stay on top of the trends across the industry. I think we are talking about different scales of startups and companies. I'm also combining like 20 person company and $10B decacorn few hundred people company. All of this is why we don't accept people with less than 2 YOE right now. All the top tier bes tin the world companies that we focused on placing at aren't hiring these people.

u/frenchydev1 wrote (the comment Michael replied to):

Definitely the difference between someone doing it and someone hearing about how others a doing it. All of the top "silicon valley" founders I speak to aren't sugar coating there answers when they speak to another founder.

u/michaelnovati replied ·
Mhmm. Ok you do you then!