BREAKING: Career Karma acquired by Climb Credit - vague details on what this will mean practically speaking

BREAKING: Career Karma acquired by Climb Credit - vague details on what this will mean practically speaking Original Press Release: [https://www.prnewswire.com/news-releases/climb-credit-acquires-career-karma-platform-to-expand-access-to-career-training-through-mission-aligned-enrollment-support-302546658.html](https://www.prnewswire.com/news-releases/climb-credit-acquires-career-karma-platform-to-expand-access-to-career-training-through-mission-aligned-enrollment-support-302546658.html) SUMMARY: * Original founding team stepping down to focus on new startup OutRival * Career Karma will be expanding to healthcare & trades. * Climb appointed **Jeff Herbst** (ex-Noodle, 2U; founder of Protostar Studio) to lead Career Karma’s next chapter, focusing on student-centric enrollment growth. * Sounds like Climb Credit will leverage Career Karma's user base to advertise for schools that Climb Credit works with * New partnership pilot with **TripleTen** (unclear on details but I suspect TripleTen is paying them a lot of money for top of funnel, and will have streamlined credit approval via Climb - just speculating!)

I think it's reasonable, like what it's used for is different from the tech itself. It sounds like they used all their CareerKarma data to train and build AI flows to communicate with students and tell them which bootcamp to go to. And they generalized it and are using that technology as a standalone company now. And they sold the top of funnel pipeline to Climb Credit.

It's "vertical integration"

AI: "Vertical integration is when a company makes and controls many steps of creating and selling a product, like a farmer who grows apples, makes apple juice, and sells it in their own store."