Re:Why income share agreements did not work out
by Step888 on Wednesday March 23, 2022 @05:23PM
(#30783592)
> For example, you could reward high-earning students by giving them a cut of income generated from students who follow.
I know this is not what you're suggesting, but your post just reminded me of something. Many of those schools offer anywhere from $100 to $3,000 referral bonuses to alumni (or influencers) who refer new students to it. This can be a very perverse incentive.
So if you ever speak to an alumnus of a coding bootcamp, make them believe that someone else already referred you to their bootcamp. They're much more likely to tell you the truth about their experience if they know they can't earn a commission from you.
I know this is not what you're suggesting, but your post just reminded me of something. Many of those schools offer anywhere from $100 to $3,000 referral bonuses to alumni (or influencers) who refer new students to it. This can be a very perverse incentive.
So if you ever speak to an alumnus of a coding bootcamp, make them believe that someone else already referred you to their bootcamp. They're much more likely to tell you the truth about their experience if they know they can't earn a commission from you.