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What about changing your model to take a cut of the jobs people end up with? Then you'd end up being self sustainable. Recruiters take about a 20%, so with your one guy getting 100k you could help 10 more.


That's generally Lambda School's model - we train people to be software engineers for no upfront tuition in exchange for a share of future income for two years. We also have experiments running with housing and living stipends in exchange for a share of future income for three years.

However, I consider recommending that to someone who is homeless and/or destitute exploitative. I can't put my finger on why, but knowing how desperate you can feel in that scenario I don't feel OK turning that into a money-making (or even transactional) scenario.

We've found that the folks who are hired and now-housed tend to donate enough to keep the fund alive once they're on their feet, but I don't feel right requiring it.


> We've found that the folks who are hired and now-housed tend to donate enough to keep the fund alive once they're on their feet, but I don't feel right requiring it.

That is awesome on both sides :).


Have you explored a social impact bond funding model for such people?


No, I’m sure there are 100 clever ways to fund this I haven’t considered, but I haven’t had the time to explore it.




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