Burst of bootcamp bubble? Dev Bootcamp seems to have been the first ever coding bootcamp. Think Hack Reactor (another popular bootcamp) was founded by Dev Bootcamp grads. Or maybe the herd would just distribute to other bootcamps? Even if the failure of Dev Bootcamp doesn't directly hurt the business of other bootcamps, it has a psychological effect on the bootcamp industry: suddenly the bootcamp experience doesn't s…
The bubble is credentialed post-secondary schools and the 1.3 trillion dollar student debt crisis. Just like the credentialed schools, there's a wide variety in quality and outcomes, but I think it's pretty clear they're doing better on ROI (and at least people aren't going into decades of debt for them en masse). > "If the school failed to survive, does it affect the survival of its graduates? Is this going to have…
Dev Bootcamp Shutting Down
151–160 of 306 posts
Re: Dev Bootcamp Shutting Down
#152Who needs bootcamps? All you need is a decent machine and an internet connection to learn. That's how we learnt "web" back in the day. Cynical me hopes all commercial (and often spammy) bootcamps and conferences and meetups die a quick death. Also death to the hipster culture in tech. /rant over
Re: Dev Bootcamp Shutting Down
#153Earlier quoted context omitted.
The support/general overhead wasn't cheap either. When I was there we had a free therapist, mandatory morning yoga, teambuiliding exercises, and stuff like weekly free food, etc.
> mandatory morning yoga This would enrage me.
Re: Dev Bootcamp Shutting Down
#154Hard to compete against things like Lambda Academy where there's no up front cost and you only pay if you get a job: https://lambdaschool.com/computer-science
Re: Dev Bootcamp Shutting Down
#155Earlier quoted context omitted.
yes, money helps in so many ways. it sure does help you get in. It starts helping you when you are an infant. It helps the whole way. I know this because I worked in the tutoring idustry that helps people get in in exchange for money.
It helps, but it's certainly not the dominant effect. I don't know anyone who went to an elite university without significant baseline intelligence. I've seen so many students who still didn't do that well even after extensive, expensive tutoring. For example, SAT coaching only increases scores by around 50 points. [0] [0] https://www.jefftk.com/p/sat-coaching-what-effect-size
It's just like taking IQ tests over again, once you know what to expect, you can game the system a bit by memorizing patterns. Scores on any standardized testing should be taken with a grain of salt.
Re: Dev Bootcamp Shutting Down
#156Earlier quoted context omitted.
I believe that three thousand was over the last five years. So 6mm. I don't know much about it, but you could eat that up pretty easily it seems. Figure 300 students at a time, ten students an instructor, 100k per instructor, gives 3 million. Then there's rent and support staff.
The support/general overhead wasn't cheap either. When I was there we had a free therapist, mandatory morning yoga, teambuiliding exercises, and stuff like weekly free food, etc.
Re: Dev Bootcamp Shutting Down
#157Good. The idea and intention behind bootcamps is a good one but the current implementation is suspiciously like university of phoenix.
I don't know much about University of Phoenix, but I've hired a couple of bootcamp graduates, found through the bootcamp recruiting events. They were both pretty inexperienced, but motivated and smart people. As good as any junior programmers I've hired. In the right circumstances I'd hire them again. It's diamonds-in-the-rough from a recruiting standpoint, but you get to vet a lot of people very quickly (it was exha…
Re: Dev Bootcamp Shutting Down
#158Can't bode well for Kaplan's other bootcamp, Metis for data science.
Re: Dev Bootcamp Shutting Down
#159Earlier quoted context omitted.
For those (like me) who immediately wondered if SATs correlate with socio economic status rather than IQ, this Slate article covers some of the debate about standardized tests and points to meta studies. SATs do track IQ and predict college success, but social emotional skills, grit, and other factors also count. http://www.slate.com/articles/health_and_science/science/201...
That's a very interesting article. One of the points that really stood out to me, despite the present but weak correlation with socioeconomic status, is that it still serves as a very strong springboard for gifted children out of poverty. The article mentions that the SATs can be the bane of upper middle class parents trying to get their children into good schools (test prep works, but only goes so far), while even k…
The value of the alumni and professional network of these lesser schools, as well as the brand name, is lower than the top tier schools, but the parents often did attend a more elite school, and their network offers inter-generational benefits.
It's interesting that state schools like Michigan accept a large number of less competitive in-state students, thereby providing the sort of springboard you mention, while also attracting a top tier of students that is on par with those attending Ivy League schools.
Re: Dev Bootcamp Shutting Down
#160Earlier quoted context omitted.
yes, money helps in so many ways. it sure does help you get in. It starts helping you when you are an infant. It helps the whole way. I know this because I worked in the tutoring idustry that helps people get in in exchange for money.
It helps, but it's certainly not the dominant effect. I don't know anyone who went to an elite university without significant baseline intelligence. I've seen so many students who still didn't do that well even after extensive, expensive tutoring. For example, SAT coaching only increases scores by around 50 points. [0] [0] https://www.jefftk.com/p/sat-coaching-what-effect-size
For the GRE Verbal, you just have to memorize about a thousand words to basically get everything right except for the reading comprehension. that puts someone's score somewhere around ~158/170. I dont think memorizing 1k words is a very hard thing to do, though i am baffled that people dont do it.
For math, a person should memorize special right triangle ratios, prime numbers under 100, and some geometry rules. the rest is just practicing a finite set of question types.
Its all very coach-able