You think tech is in a bear market?  Well, this tech company just raised a $100M seed round of financing – yes seed round.  Masterschool runs a network of training schools to teach people, yup, that’s right, how to code. 

There are 1 million open IT jobs in the U.S. that still need to get filled. 

Masterschool’s business model is to take 10% of their students’ monthly income once they get a job to pay off their tuition, which is between $10,000 to $20,000.  This a fairly common business model for coding schools, but Masterschool is bringing network effects to bear fruit.

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