Selling an I Sas to a Hedge Fund?

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An i s a is the agreement between erser zam, your school and the student. They sold outright i sas to a hedge fund and received ten thousand dollars ahead up front. I don't ge to lie. There's no problem with bundling a hundred students together and using that as a financial device with a bank or a hedge fromit. That happens in the imorgages and loans all. So long as students,. i think, are informed of the reality of this, right? I think it's fair. But i think thet lamdo school works is at the time, and a bit less now that they've been forced to walk back a lot of these

0:45 Jason intros Vincent Woo, who wrote "Lambda School's Misleading Promises" for New York Magazine
2:21 What drew Vincent to this story? What wrongdoings did he discover?
6:02 Vincent describes Lambda's ISAs and how they were sold
14:24 How Vincent approached Austen Allred as an investigative reporter & clip from Vincent's interview with Austen
16:19 What is Lambda's school actual placement rate? How does it compare with other coding bootcamps?
20:06 Getting Lambda's former Director of Student Placement on record to speak about the placement rates
23:43 Why ISA coding schools should exist
29:18 How Lambda's remote-only approach differentiates them & how opportunity cost plays into their issues
35:06 Where did Lambda School go wrong?
45:51 Does the business model work in broad strokes if opened up to everyone?
53:54 What does Lambda School need to do now?
58:21 Where is the blindspot in most entrepreneurs?
1:00:57 Vincent also writes about local political corruption in the Bay Area