#BloomTech
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carnage4life.bsky.social
A16z portfolio companies have been hit by regulators (BitClout founder arrested by SEC, Bloomtech fined by CFPB, FTC tried to block the acquisition of Within, etc).

It’s actually no surprise that A16Z is now campaigning that all of these government agencies need to be constrained or disbanded.
November 28, 2024 at 9:46 PM
zeb.gay
Why am I not surprised the second search result for this man is this lmao
Article from the CFPB: CFPB Takes Action Against Coding Boot Camp BloomTech and CEO Austen Allred Apr 17, 2024 The Consumer Financial Protection Bureau (CFPB) issued an order against BloomTech and its CEO, Austen Allred, for deceiving students about the cost of loans.
March 15, 2025 at 5:51 AM
krspeace.bsky.social
#QP Automation Bloom

#FloralMecha #BloomTech #ThornTech #PetalArtillery #Botanical #AIart #Botany #Lily #RoseArmor #Sunflower #Cosplay #Blossom #Otaku #GoldenPollen #LotusTech #CherryBlossom #VelvetThorn #Mecha #Digitalart #Fanart #Peony #Photography #BiomechanicalBloom #Art #EcoMecha #Petals
April 22, 2025 at 7:01 PM
willoremus.com
when people say stuff like "you really can just straight up ignore all mainstream media," it's worth asking what vested interest they might have in you doing that.

e.g., allred's for-profit schools have been in the news lately for allegations of predatory lending: www.sfgate.com/tech/article...
X post by Austen Allred of BloomTech: "You really can just straight up ignore all mainstream media. You don’t need to watch the news or read the newspaper. You can just get your information directly from random people on X and be perfectly well-informed."
July 15, 2024 at 4:31 PM
risu.bsky.social
www.consumerfinance.gov/about-us/new...

Glad to see Austen Allred and the bootcamp grift be brought to heel
CFPB Takes Action Against Coding Boot Camp BloomTech and CEO Austen Allred for Deceiving Students and Hiding Loan Costs | Consumer Financial Protection Bureau
The CFPB issued an order against BloomTech and its CEO for deceiving students about the cost of loans and making false claims about graduates’ hiring rates.
www.consumerfinance.gov
April 18, 2024 at 7:57 AM
ed3d.net
Couldn't happen to a nicer guy. Lambda School was always shifty at best and the Allred is one of the people who has always brought HN's smug quotient to dangerous levels.

www.consumerfinance.gov/about-us/new...
CFPB Takes Action Against Coding Boot Camp BloomTech and CEO Austen Allred for Deceiving Students and Hiding Loan Costs | Consumer Financial Protection Bureau
The CFPB issued an order against BloomTech and its CEO for deceiving students about the cost of loans and making false claims about graduates’ hiring rates.
www.consumerfinance.gov
April 18, 2024 at 1:56 AM
cruxxxx.bsky.social
hi i've been drawing this for 2 weeks and the save decided not to save so here enjoy (for rn) #wip

#chembaronviktor , silco's other pet scientist and the zaunite half of bloomtech

full body in replies
#viktor #cruxxxart #arcane #au
->
A Chembaron!Viktor design sheet, halfway. VIktor wears a shimmer-tech corset, a scavenged enforcer's mask and a beige-green coat that's seen much better days. Shows both sides. A Chembaron!Viktor design sheet, halfway. VIktor wears a shimmer-tech corset and a scavenged enforcer's mask . Shows both sides. A close-up of Viktor's profile. Shimmer has affected his eyes, and caused vascular damage around the top half of his face. The same as the previous picture, but with the scavenged Enforcer mask.
May 25, 2025 at 2:50 AM
yohannanx.bsky.social
Yep.
CFPB Takes Action Against Coding Boot Camp BloomTech and CEO Austen Allred for Deceiving Students and Hiding Loan Costs | Consumer Financial Protection Bureau
The CFPB issued an order against BloomTech and its CEO for deceiving students about the cost of loans and making false claims about graduates’ hiring rates.
www.consumerfinance.gov
August 20, 2024 at 12:49 PM
tonightatten.bsky.social
The fraud/waste/abuse expert has logged on
A tweet from Austen Allred on Feb 8 2025 saying "I do think DOGE is going to be able to actually balance the budget. People used to say, "You can't, because look at these sacred categories: There's x in entitlements, y in healthcare, you can't change those." But how much in those sacred categories is fraud/waste/abuse?" A screenshot of an SF Gate headline from April 2024 saying Federal agency fines SF school, founder $164,000, alleging they tricked students BloomTech CEO Austen Allred agreed to the order but admitted no wrongdoing A screenshot of a Consumer Financial Protection Bureau press release saying "CFPB Takes Action Against Coding Boot Camp BloomTech and CEO Austen Allred for Deceiving Students and Hiding Loan Costs For-profit school made false claims about job-placement rates"
February 9, 2025 at 9:32 AM
williamyoung.bsky.social
www.consumerfinance.gov/enforcement/...
BloomTech Inc., d/b/a Bloom Institute of Technology or BloomTech, f/k/a Lambda, Inc.; and Austen Allred | Consumer Financial Protection Bureau
On April 17, 2024, the Bureau issued an order against BloomTech, Inc., a for-profit vocational school that is also known as the Bloom Institute of Technology and was formerly known as the Lambda Schoo...
www.consumerfinance.gov
December 30, 2025 at 3:52 PM
aggregat.bsky.social
Dimmbar 200 400 600 720😁. Wachstum reicht 200 laut Bloomtech. Zieht dann 250.
February 5, 2025 at 8:29 PM
techcrunch.com
Consumer Financial Protection Bureau fines BloomTech for false claims
Consumer Financial Protection Bureau fines BloomTech for false claims
In an order today, the U.S. Consumer Financial Protection Bureau (CFPB) said that BloomTech, the for-profit coding bootcamp previously known as the Lamda School, deceived students about the cost of loans, made false claims about graduates’ hiring rates…
tcrn.ch
April 17, 2024 at 11:03 PM
bayarea.bsky.social
SF-based coding school BloomTech fined $160K for ‘deceptive acts' against students
SF-based coding school BloomTech fined $160K for ‘deceptive acts' against students
(KRON)—Today, the Consumer Financial Protection Bureau (CFBP) issued an order against BloomTech, a for-profit coding school that touts “dream tech jobs,” along with its CEO, Austen Allred, for deceiving students about loan prices and making false claims about graduates’ hiring rates. STUDENT DEBT According to the CFBP, Bloomtech claimed its financial agreements were “not loans, [...]
www.kron4.com
April 18, 2024 at 2:55 AM
accidentalflyer.bsky.social
Austen Allred was called out by CFPB:
www.consumerfinance.gov/about-us/new...
CFPB Takes Action Against Coding Boot Camp BloomTech and CEO Austen Allred for Deceiving Students and Hiding Loan Costs | Consumer Financial Protection Bureau
The CFPB issued an order against BloomTech and its CEO for deceiving students about the cost of loans and making false claims about graduates’ hiring rates.
www.consumerfinance.gov
March 15, 2025 at 4:39 AM
probgobl.in
So on one side of this you have the guy running the largest software development effort in history who has spent 30+ years at the forefront of making complex technology useful, but on the other you have a guy who got spanked for running a worse version of DeVry for nerds.
Headline from the Consumer Financial Protection Bureau: CFPB Takes Action Against Coding Boot Camp BloomTech and CEO Austen Allred for Deceiving Students and Hiding Loan Costs
March 14, 2025 at 5:25 PM
kswenger.bsky.social
"...school’s premise...built on income share agreements, or the idea that instead of paying tuition for an education, students could send back cash from whatever job they secured...CFPB alleged that BloomTech hid that the agreements were loans, sold those loans to investors for quick payouts..."
SF school, founder fined $164,000 for allegedly tricking students
San Francisco-based BloomTech, once known as Lambda School, was hit by a large fine over allegations it tricked students in several ways.
www.sfgate.com
April 21, 2024 at 11:49 PM
elucidating.extradimensional.space
Andreessen in particular has an axe to grind because he was friends with and an investor in Lambda School/BloomTech, which not only was a massive failure but got sued into the ground and muzzled by California, led by the complaints of the UC system. Marc has called them out before.
donmoyn.bsky.social Don Moynihan @donmoyn.bsky.social · Apr 11
Marc Andreessen really, really hates universities, which seems to be a pretty common sensibility from billionaires who have spent too much time online. www.nytimes.com/2025/03/18/o...
There is, Andreessen argued in a Jan. 28 exchange with Lex Fridman, a podcaster and research scientist at M.I.T.: no way to fix American higher education without replacement, and there is no way to replace them without letting them fail. And in a sense, this is the most obvious conclusion of all time. What happens in the business world when a company does a bad job? It fails and another company takes its place. That’s how you get progress. Below this is the process of evolution. These places have cut themselves off from evolution at the institutional level and at the individual level, which is shown by the widespread abuse of the tenure system. We have just stalled out. We have built an ossified system, an ossified, centralized, corrupt system.
April 11, 2025 at 3:49 PM
naovicc1.bsky.social
Here's my new pinned/intro :^)

🤖Fullstack software engineering student
👾I study at BloomTech + self-taught
😤Clearly queer + proud
🏞Nature enjoyer
🚲Fixed gear bike lover
💓nerdy + neurodivergent
👽 Schizoaffective disorder
💊(meds to the dome daily)

❤️ + ♻️ to become mutuals?¿‽
January 31, 2025 at 4:43 PM
sharpsweetbella.bsky.social
Of course, this same dude bro got caught defrauding students with loans and inflated job placement numbers in his coding bootcamp by the same watchdog group that Elon is now trying to close.

I would rather pay for someone to watch Netflix than any of this😣
www.consumerfinance.gov/about-us/new...
CFPB Takes Action Against Coding Boot Camp BloomTech and CEO Austen Allred for Deceiving Students and Hiding Loan Costs | Consumer Financial Protection Bureau
The CFPB issued an order against BloomTech and its CEO for deceiving students about the cost of loans and making false claims about graduates’ hiring rates.
www.consumerfinance.gov
November 29, 2024 at 1:48 PM
5sigma.bsky.social
www.consumerfinance.gov/about-us/new...
CFPB Takes Action Against Coding Boot Camp BloomTech and CEO Austen Allred for Deceiving Students and Hiding Loan Costs | Consumer Financial Protection Bureau
The CFPB issued an order against BloomTech and its CEO for deceiving students about the cost of loans and making false claims about graduates’ hiring rates.
www.consumerfinance.gov
March 12, 2025 at 12:04 AM
hn100.bsky.social
CFPB Takes Action Against Coding Boot Camp BloomTech and CEO Austen Allred

Discussion
April 17, 2024 at 9:14 PM
erisianrite.com
Looks like they’re still around, but had to change their name and cut a ton of staff.
BloomTech, previously Lambda School, cuts half of staff | TechCrunch
BloomTech, formerly known as Lambda School, is cutting half of the staff that power its coding bootcamp.
techcrunch.com
December 11, 2023 at 1:48 PM
wheels.bsky.social
@fusco.bsky.social i did bloomtech and didnt get a job do i still have to pay
April 28, 2023 at 6:34 PM