Feb 2018

Coding Bootcamp General Assembly Hints at Possible Sale

By Sydney Johnson

Feb 2, 2018

General Assembly’s CEO Jake Schwartz told Reuters on Wednesday that he is looking into the company’s financing options, and that includes potentially selling the New York-based coding bootcamp.

“You can imagine [a General Assembly sale] in the same way that WeWork and 2U now have a deal, but maybe General Assembly will make some deal with an online learning provider or an online space that enables them to do something faster than before,” says Michael Horn, a principal consultant at Entangled Solutions. “I think they are doing this from a position of strength.”


Leave a reply