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by austenallred 3192 days ago
Nah, two of the 100 closed, the industry is fine. One is going to start up again in the same place with the same people and a different name. The other was purchased by Kaplan, which is as close as you can get to a death knell. Most are making grundles of money.

We’re not really a code bootcamp but we get thousands of applications per month and have employers incredibly hungry for our grads.
1 comments
KGIII 3192 days ago
They are two of the major ones with multiple facilities. That doesn't bode well for the industry.

Also, kudos on grundles. That is my new favorite word.

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hydrox24 3192 days ago
Make sure you know the definition before you start using it casually as he has!

> Noun. grundle (plural grundles) (US, slang) The area between anus and scrotum in a male or between anus and vulva in a woman. [0]

[0]: https://en.wiktionary.org/wiki/grundle

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KGIII 3192 days ago
Oh, I'm going to use it for everything - except what it really means.

"I will take the 8 oz steak, smashed potatoes with gravy, cauliflower with cheese, a side salad with house Italian dressing, and can you please make it grundle?"

"Thanks for stopping by. When you get home, tell your grundle I said was thinking about them."

I realize this isn't good HN material, but I couldn't resist.

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foxylad 3192 days ago
Intersting. In NZ and Australia, "grundies" is slang for (usually male) underwear.
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subatomic 3191 days ago
Different etymology though. Grundies <- Reg Grundy's <- Undies <- Underpants.
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withdavidli 3192 days ago
Never even heard of Iron Yard, being funded by Apollo (U of Pohoenix) makes me think it was nothing but a cash grab, likely same as the reviews of Berkeley Extension school’s bootcamp.

This is a business where poor level of service sinks a company fast. Reviews get online from the first few cohorts, if they’re bad the high caliber students who do their research will opt out of applying. These are the students likely to get jobs from career fair which the bootcamp makes their recruitment fee.

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austenallred 3192 days ago
Iron Yard was successful in one rural area, and decided to simultaneously open up 16 new spaces at once. Turns out that's like building 16 separate companies simultaneously.
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austenallred 3192 days ago
Lots of bootcamps with multiple facilities do very well, but that makes costs high, so if you make a few missteps it's game over.

Most are clearing millions in profit.

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