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Tomorrow – Modern Lab offers students who want to learn programming and can not find the time to do so, paying $ 2,000 a month for full-time programming.
The company's pilot program teaches remote programming to anyone 30 hours a week and full-time, for a five-month course. The company pays the participant a monthly salary of $ 2,000 during this period.
After receiving work of at least forty thousand dollars a year, for example, the company will receive 15% of the salary of each participant for the next two years.
For example, if a participant receives $ 80,000, he or she will pay $ 24,000 to the business over two years.
There are no conditions for this offer and no programming knowledge is required, the only condition is that the candidate be employed in US companies after taking the course.
Modern Labore's business model is an example of the Revenue Sharing Convention, a program that is consistent with Wall Street and Silicon Valley entrepreneurs seeking to promote this type of education.
Modern Labore is supported by the technology accelerator Y Combinator, according to its website, launched earlier this month.
Three people
Since its opening, three people have been accepted until now and the company is trying to find the best ways to analyze the risks of work and graduate studies ready to integrate technical staff.
"Education is one of the biggest investments in people's lives, which is risky," said Frances Larson, co-founder of the company with Oliver Birch in 2017. "It's expensive and the return uncertain, you may get the right skills, it's worth it, or you can not "get it.
One of the 33-year-old students, Courtney Angotti, said she had decided to attend her last training camp called Code Talk, last year.
Angutti said that she had abandoned theater, theater and singing in Los Angeles to turn to the tech sector and that she did not feel ready to land a job immediately after getting her Diploma from the last training camp.
Larson explained that, for the time being, students are categorized as independent contractors of Modern Labore and do not benefit from benefits or health insurance, just like Uber pilots who operate the same system.
Although the people in the Modern Labor project do not work on projects directly benefiting the company or its clients, Larsson does not rule out this happening in the future.
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