And I think a clear sign that things are tightening up for the bootcamp segment...not sure if we will see this soon in India soon.
(1) Galvanize which raised $130m in VC money gets sold for $165m
Essentially growing pains. Struggles in translating coding success to other segments and scaling etc.
theinformation.com/articles/lambd… ($🔒)
You will place 100-200 students and maybe even 500 but 5,000? Not easy to hold quality as you scale.
ISAs solve a key friction in US : debt. However in India where parents are happy to chip in a few lacs? - here the key friction is employment, and hence we need to solve for that at scale.
nextbigwhat.com/lambda-school-…
While I would love for all of them to do well + return multiples of venture money, they need a clear path to scale holding the same quality.
for now.