Saved by Xuanling11
🏫 Lambda School
Lambda School enables students to sell a piece of their future earnings in exchange for tuition. The school teaches in-demand skills such as web development and data science. Courses can be completed remotely and are highly practical, focused on getting students hired once they complete the course.
Dror Poleg • The Ponzi Career
My friends and I founded a university over the summer and...it's going great?! And it's been surprisingly painless to start and run?!
It's a "network university," which is our fancy term for a new type of social institution: one that transforms an existing network into a social commons where ppl can learn, do research, and create groundbreaking wor... See more
It's a "network university," which is our fancy term for a new type of social institution: one that transforms an existing network into a social commons where ppl can learn, do research, and create groundbreaking wor... See more
Tyler Alterman • Tweet
Some companies—like Lambda (Series C; $122M raised), Flockjay (Series A; $14M raised), and Microverse (Seed; $3M raised)—use Income Share Agreements (ISAs), which align incentives with learners. Flockjay, for instance, only gets paid if students land a new job paying at least $40,000 per year. The average graduate gets a job paying $75,000.
Rex Woodbury • The Age of Automation
Think ISAs (Income sharing Agreements) for software jobs. Lambda takes in rookie coders, trains them and introduces them to potential employment opportunities. It then takes a cut from their income as their fees. Yield Guild does the same but for gamers.