Y Combinator Startup Podcast #120 - Austen Allred
Apr 3, 2019
Austen Allred, CEO and co-founder of Lambda School, discusses the innovative education model that offers coding courses with payment only after securing a job. He dives into the accessibility of tech education, advocating for practical learning over traditional degrees. Austen also addresses the importance of networking and the challenges of fundraising, sharing personal anecdotes from his entrepreneurial journey. He reflects on the nuances of remote work and the evolving landscape of education, emphasizing inclusivity for underrepresented candidates.
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Inspiring Action
- Inspire others to recognize their potential.
- Implement mechanisms that encourage early action and address imposter syndrome.
Overcoming Application Barriers
- Many qualified individuals don't apply due to financial constraints or self-doubt.
- Part-time programs and living stipends help broaden access and encourage applications.
Assessing Student Risk
- Lambda School's business model hinges on accurately assessing student risk.
- A sufficiently difficult pre-course assessment could theoretically replace interviews.