Austen Allred.

Austen Allred is the Co-Founder and CEO of BloomTech (formerly Lambda School), the coding bootcamp that pioneered the Income Share Agreement (ISA) model in education, where students pay no tuition upfront and instead pay a percentage of their income after they secure a job.

Allred co-founded Lambda School in 2017, attracting widespread attention and significant venture capital for the ISA model, which aligned the school's financial incentives with student outcomes. The company trained thousands of students in software engineering and data science. While Lambda School faced regulatory scrutiny and operational challenges that led to its rebrand as BloomTech, Allred's advocacy for outcome-based education models helped spark a national conversation about aligning the incentives of educational institutions with student success. Before Lambda, Allred authored the bestselling San Francisco tech guide and built several consumer apps. His work, despite its controversies, influenced how the education industry thinks about accountability, outcomes, and financing-pushing traditional institutions to better track and report employment outcomes for graduates.