“Only one of our mentors messaged me indicating interest in continuing with the new company, so I put them in contact. In a March 7 statement to The Crimson, Halm said Acceptitas connected those who requested it to Crimson Education for “similar roles,” and he denied any wrongdoing. Wilensky ’24, who continued to work with her mentee for three months. “He didn’t say anything would change, really - everyone just kind of kept going on as usual,” said former mentor Jara A. “And it was just very odd to see everyone just be so radio silent, especially after such a seemingly triumphant moment, like getting acquired as a company.” “We weren’t getting paid anymore,” former Acceptitas mentor Elias E.Q.

Some continued to meet with their mentees for months, unaware that they would not receive payment. “Mentors & outreach associates will have the chance to continue similar work under Crimson.”įive former Acceptitas mentors who spoke with The Crimson, however, said they never heard anything further about future work. “There will be new opportunities for Acceptitas team members to expand the scope of their work,” Halm wrote. 24 Slack message - two months after the move had already taken place. Halm announced the acquisition to employees in an Oct. Halm - a self-described Harvard dropout and cryptocurrency entrepreneur - founded Acceptitas in August 2020, only to leave the company’s mentors and mentees in the dark two years later after its acquisition by another college consulting group, Crimson Education.

Clients and former admissions mentors are still seeking refunds, compensation, and answers more than six months after the acquisition of college consulting startup Acceptitas, which cut ties with its mentors in late 2022, leaving many unpaid and unaware of their termination for months.Įmmet A.

Slack stanford