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Life Capital
In the unbundled model, which we seem to be moving towards, there is a wide variety of agents across the value chain that work with one another: the financing is provided by external issuers (like Leif) that take care of the ISAs, the content could be open-sourced (like the Odin Project), the community shared by students across different programs (... See more
Transcend Network • The Placement Economy 📮Transcend Newsletter XXI
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.