> Two specific coding bootcamps that 1) had been acquired by for-profit education conglomerates and 2) underwent relatively rapid expansion into second and third tier tech markets went out of business.
> As evidence of a larger trend, this article cites a single quote from the CEO of "a private lender and an alternative accreditor for the fast-growing boot camp sector." This is unpersuasive.
This article quotes Ryan Craig of University Ventures vs Rick O'Donnell of Skills Fund, to nearly the same effect.
So: big name closures of two bootcamps with similar pain points and acquisition contexts, vs. seemingly healthy expansion and unchanged placement rates for schools like Flatiron (mentioned in the article), Hack Reactor, App Academy, General Assembly, and so on. Further consolidation in the field wouldn't surprise me, but are we really observing a trend worth reporting on?
> Two specific coding bootcamps that 1) had been acquired by for-profit education conglomerates and 2) underwent relatively rapid expansion into second and third tier tech markets went out of business.
> As evidence of a larger trend, this article cites a single quote from the CEO of "a private lender and an alternative accreditor for the fast-growing boot camp sector." This is unpersuasive.
This article quotes Ryan Craig of University Ventures vs Rick O'Donnell of Skills Fund, to nearly the same effect.
So: big name closures of two bootcamps with similar pain points and acquisition contexts, vs. seemingly healthy expansion and unchanged placement rates for schools like Flatiron (mentioned in the article), Hack Reactor, App Academy, General Assembly, and so on. Further consolidation in the field wouldn't surprise me, but are we really observing a trend worth reporting on?