As the founder and CEO Austen mentioned in this Forbes article, this round actually came inbound other than traditionally active fundraising effort. “I was getting a dozen emails a day from potential investors,” he says. “I think we were the first coding boot camp to put all the pieces together, and word gets around in Silicon Valley.”
In this post, we’ll share some more exciting news since their Series B announcement.
- International Expansion. You may find out more here regarding its EU/UK program, and here about its partnership with PayStack to expand in Africa.
- Ambition to Teach Nursing. You may read this Economist article.
- $2,000 Monthly Living Stipend. You may participate in the Q&As here via hacker news or apply to join their waitlist on their website here
- Loaner Laptops. You may read more about Anthony’s story on his own blog here
- Charity Fund. You may kindly donate here to help cover internet bills, rent checks, etc for Lambda School students who are out of options financially. True story: a mere $400 was separating a student from graduating and 2 months after Lambda briefly covered his rent, he got a full-time job making $70,000/year.
- “Summer Hacker Program for Women“ launched by YC co-founder Jessica Livingston with Lambda School. “I’m going to give 40 women $9000 stipends to cover their living expenses while they take Lambda School’s programming course. Lambda School has created a 15-week program designed to fit during the summer break and have generously agreed to cover these 40 students’ $12,000 tuition. We’re calling it the “Summer Hackers Program.” And you may read more why Livingston started this program here.
- Inspiring success hire stories @HumansOfLambda. My most recent favorite would be this unnamed hero beating all the odds to find her way to a better life: single parent with 5 small children, no work experience and half a degree, teenager kid challenge, early stage cancer diagnosis, enrolled in and graduated from Lambda School with 6-figure salary (and more than one job offer)!
- grew up in Utah
- served as a Mormon missionary in Ukraine before college
- dropped out of college
- lived in a car for 3 months in Palo Alto
- hustled to sell 300 football tickets to pay for car tow
- failed a previous startup with Series A investor pulling out last minute, but hence published a successful book writing about growth (Cindy’s note: I actually had to dig into my notes 2yrs ago to find this reddit thread that got me convinced (together with his other qualities) to back Austen on his new venture: “I’ve been doing whatever the hell you call this my whole life. SEO, ads, CRO, SQL, a little data modeling to make it work at scale. Even wrote a book about it that I’ve made $130k from in the past year.”)
- launched Lambda School with a fellow BYU dropout Ben Nelsonor
- the rest is history (in the making)