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Reply to "Why did CMC get rid of it's "Silicon Valley" program?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This sort of program depends on a thriving tech job market. According to CMC's site, they were placing at prestigious big tech companies for a while. [b]One by one, these companies dropped out. [/b] Now that the market has tightened, the college probably struggled to place interns. [/quote] Where does it show or say that? CMC ran the program fine with startups and top companies just last year.[/quote] The quality of employers has declined over the past 5 years. The last "top company," Apple, dropped after the 2022 tech boom. By spring 2023, the listed placements are random startups. They haven't updated the employer list for 2023 and 2024, which is odd since they promoted this program heavily. https://www.cmc.edu/silicon-valley-program/students/past-internship-sponsors[/quote] The whole point of going to Silicon Valley is connecting with the startup scene. You get more responsibility and can advance quickly, which is helpful for boosting your career. There's a reason Stanford is so into entrepreneurship and startups over the traditional tech firms. It's cool to work with apple, but you're gonna get a lot more beginning with a start up and then going into whatever FAANG job you want. Makes sense to go into a unicorn.[/quote] Most high powered interns prefer FAANG over all but the very top startups. FAANG look. better on their resume and offer better pay. The vast majority of startups are a bad deal for non-founders: low pay, long hours working for someone else's dream, and little upside on the off chance they take off. The Stanford students you're talking about typically found their own companies or are on the founding team at A-tier startups. In any case, CMC stopped listing their placements after early 2023. Why is that? [/quote] Not really some grand conspiracy. Colleges take a while to update their pages.[/quote] CMC has entered the chat. They promoted the program heavily for years. Two years ago, they stopped updating their placements and have now shut down the program. It's highly unlikely the missing 2 years of placements were great. [/quote]
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