Earlier quoted context omitted.
The thing about running a startup is you have enough problems to solve you really don't want to create new ones.
It's the job of your attorney. It's possible all it takes is one strongly worded letter and they will settle.
Lambda School fined $75k by CA for operating without state approval [pdf]
181–190 of 364 posts
Re: Lambda School fined $75k by CA for operating without state approval [pdf]
#182Earlier quoted context omitted.
People who don't like the idea of capitalism in general tend to not be huge fans of Lambda School. But we only get paid $30k in the case where you get a software engineering job after Lambda School that pays $85k+. Everyone else pays less, and absolutely no one pays more than $30k. Our upfront tuition for the nine-month, full-time course is $20k if paid upfront.
This is distasteful coming from the founder of this institution.
Re: Lambda School fined $75k by CA for operating without state approval [pdf]
#183It’s true. Our counsel informed us that we didn’t need to register. Counsel was wrong. Now we have new counsel :) We’ve submitted all the paperwork and have worked closely with California. This all happened a long time ago. I’m not sure what the right level of regulation is (it’s hard taking care of 50 states at once - one state registration was 2,277 pages and weighed 25 pounds https://twitter.com/austen/status/1153…
Re: Lambda School fined $75k by CA for operating without state approval [pdf]
#184https://i.imgur.com/CKt5ZGT.png
(notice the $75,0000.00 - in bold, no less)
Re: Lambda School fined $75k by CA for operating without state approval [pdf]
#185Earlier quoted context omitted.
I used to work in compliance and the number of regulations that are punitive punishments for bad things that actually happened is just astounding. SOX compliance is arduous but it only exists (and is as strict as it is) because some banks decided to destroy the global economy just to make a bit of money and couldn't understand why this was a bad thing.
> for bad things that actually happened is just astounding. you are not kidding. "You mean we have to monitor for this because someone ACTUALLY tried doing that before...?"
That sort of thing happens all the time and that opportunity cost is not often talked about.
Re: Lambda School fined $75k by CA for operating without state approval [pdf]
#186Earlier quoted context omitted.
When the government makes you waste a a day filling out paperwork to prove that your dog food doesn’t contain human remains, don’t blame the regulators. Blame the guy before you who made a buck by vertically integrating his cannery and his morgue.
I used to work in compliance and the number of regulations that are punitive punishments for bad things that actually happened is just astounding. SOX compliance is arduous but it only exists (and is as strict as it is) because some banks decided to destroy the global economy just to make a bit of money and couldn't understand why this was a bad thing.
Re: Lambda School fined $75k by CA for operating without state approval [pdf]
#187Earlier quoted context omitted.
The first draft they send highlighted grammar errors with a red pencil. After that I'm sure it's just stacking up somewhere. It's a waste for sure, but changing the system is a long process.
What I've learned is to always include a few token spelling and grammar errors in the first draft of anything so reviewers feel like they have done their job. /s
Re: Lambda School fined $75k by CA for operating without state approval [pdf]
#188Re: Lambda School fined $75k by CA for operating without state approval [pdf]
#189Re: Lambda School fined $75k by CA for operating without state approval [pdf]
#190Earlier quoted context omitted.
> From the comments here it appears its a specific class of school. From their site it just looks like a regular online learning company. It is not a class of school, it is indeed a company. A scam/cult masquerading as a startup. It's hyped, it's batshit insane. A thread from yesterday https://twitter.com/KeziyahL/status/1155154616281178114 but of course there is more. To me, it was obvious there is something wrong b…
> To me, it was obvious there is something wrong because PaulG often raved about it and nothing good comes out of that. Just pointing out how funny it is for someone to say that nothing good comes from PG... on HackerNews