#120 - Austen Allred

<p><a href="https://twitter.com/Austen">Austen Allred</a> is the CEO and cofounder of <a href="https://lambdaschool.com/">Lambda School</a>.<br><br>Lambda School provides a CS education that's free until you get a job. They were in the Summer 2017 batch of YC.<br><br>You can learn more about Lambda School at <a href="https://lambdaschool.com/">lambdaschool.com</a>.<br><br>Austen is on Twitter at <a href="https://twitter.com/Austen">@austen</a>.<br><br>The YC podcast is hosted by <a href="https://twitter.com/CraigCannon">Craig Cannon</a>.<br><br>***<br><br><b>Topics<br></b><br>00:00 - Intro<br><br>1:01 - Encouraging people to do something that they're scared to do<br><br>5:16 - Where did the insight for Lambda School come from?<br><br>6:26 - College vs developer schools<br><br>10:26 - Building a network<br><br>12:16 - Does Austen see value in a traditional liberal arts education?<br><br>14:56 - Steven Klaiber-Noble asks - As competitors begin to copy your model what front do you believe you'll be competing on?<br><br>17:56 - Why did Austen choose to raise money?<br><br>20:06 - Fundraising falling through on Austen's first startup<br><br>21:36 - Moving back to Utah and writing a book about growth<br><br>23:26 - Why Austen wrote a book<br><br>26:26 - "Starting a company is by definition saying, I think what I can do is worth more than what other people will pay me for."<br><br>27:26 - Mispriced human capital<br><br>30:21 - Other opportunities for Lambda School<br><br>32:46 - Modeling risk<br><br>35:36 - David Kofoed Wind asks - When Lambda School is incentivized to take in people that will land high paying jobs, how do you think about the diversity of candidates? One would imagine that it quickly becomes a game of pattern matching the stereotypical SV people.<br><br>37:51 - Will Lambda School ever not be remote?<br><br>41:16 - Dave Dawson asks - You appear to be on the successful path now, was there a point early in Lambda School when you wanted to stop?<br><br>43:46 - Helping everyone become an autodidact<br><br>46