One-Third of Lambda School On-Site Interviews Yielded Hires
Austen Allred · 20VC: Lambda School Founder, Austen Allred on Why Unemployment Is An Optimisation Problem That Will Be Solved Over The Next 20 Years, Why The Speed and Quality of Decisions Are Not Mutually Exclusive & The 1 Question All Founders Must Ask Themselves Befor · Mar 8, 2019 · at 29:37
Austen Allred, founder and CEO of Lambda School, details the conversion rate of a placement experiment bringing employer presentations directly to students.
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“And we found that of those companies that we brought in, they would stay, they would interview students, and a third of those interviews ended up being hires.”
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More from Austen Allred
Allred: The Bay Area Is History's Greatest Squandering of Potential Wealth
“I think Patrick Collison has said something about the idea that in 50 years we'll probably look back at the Bay Area as one of the greatest squanderings of potential wealth that the world has ever known, and I tend to agree.”
Allred: Unemployment Will Be Solved as an Optimization Problem Within 20 Years
“That unemployment is an optimization problem that will be solved in the next 20 years.”
Allred Predicts San Francisco Faces Potential Bankruptcy and Budget Disarray
“From a governmental status, I'm sure the budget is going to be a wreck for a while. There is a possibility San Francisco goes bankrupt.”
Allred: Raise Maximum Capital Once Unit Economics Yield 3-4x Return
“We got to a point where I knew that if you give me a dollar today, I can give you back maybe it's three or four dollars a couple of years from now, and when you have a machine that's working like that, you really should be raising as much as you can.”