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Reblogged by slightlyoff@toot.cafe ("Alex Russell"):
sandofsky ("Ben Sandofsky") wrote:
It took five years to write, but here's the full story behind Lambda School, Silicon Valley's disastrous foray into for-profit education.
I explain how they burned through $120 million in funding, why Income Share Agreements failed, the crimes committed along the way, and how one developer turned journalist put an end to the fraud.