Lambda School raises $74M for its virtual coding school where you pay tuition only after you get a job –
Summary
Lambda School raises $74M for its virtual coding school where you pay tuition only after you get a job In the world of technology, online learning has been one of the bigger beneficiaries of the last several months, with people staying home and away from their normal routines because of the coronavirus pandemic and using that time to expand their knowledge, or more critically, figure out what to do next if they want to change careers, or have found themselves without a job. Now, one of the startups building a business around virtual computer science education — teaching people sitting at home before it became a mandate — is announcing a large round of funding to capitalise on that demand. All the classes are set up on a specific personalised basis, with labs to extend your learning and “live” projects to put you in the middle of the kind of work that you would be expected to do with the skills your’re picking up. “From a regulatory standpoint we could receive accreditation and grant degrees but [boards] require you to submit changes to curriculum a year in advance and our students can’t afford that. These may be sticking points for some people, but not enough to curtail the startup’s growth, or interest among investors at a time when others in the space, like Coursera, Vedantu, Kahoot, and many others are also getting big injections of funding.