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How long ago did you interview? There have been some pretty big changes internally and things should have improved quite a bit over the past year or so.

End of Sept 2015

I curious what you mean by "everything but the end product". Care to elaborate?

i chatted with these guys and one of my good friends works there and can assure you your impression is mistaken. udacity will be a big company with a product that works and a healthy business model.

Did they give you a job offer?

No, it was obvious we were not right for one another.