Two things happened this week to give me extreme confidence in @LambdaSchool
1). @MaxKajiwara joined our team at @beondeck, and he's killing it. His only engineering training was Lambda. In less than 3 days on the job, he's running at full speed & invaluable.
2). this 👇
1). @MaxKajiwara joined our team at @beondeck, and he's killing it. His only engineering training was Lambda. In less than 3 days on the job, he's running at full speed & invaluable.
2). this 👇
https://twitter.com/Austen/status/1230246012830138368
@LambdaSchool @MaxKajiwara @beondeck I've always had concerns about the supposed "alignment of interests" that comes with ISAs.
Aligned, sure. So long as the "issuer" remains the "holder."
But holding ISAs is totally inefficient for a startup with a small balance sheet + super high cost of capital (i.e. VC)
Aligned, sure. So long as the "issuer" remains the "holder."
But holding ISAs is totally inefficient for a startup with a small balance sheet + super high cost of capital (i.e. VC)
@LambdaSchool @MaxKajiwara @beondeck Most end up just selling ISAs into the capital markets. But then their "customers" wind up beholden to investors via a debt-like instrument, and we're all back where we started.
The new Lambda ISA model is a big step forward. 👀'ing this space with interest.
The new Lambda ISA model is a big step forward. 👀'ing this space with interest.
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