A program like this would be like Knewton online for GMAT training. They charge $500 per program and can't begin to charge $10k. The other point is that these programs are set up to find great people, teach them to code and then hook them up with a company looking for great people who can code (go figure).
The company that is going to win will set up courses like this in multiple cities, SF, NYC, Chicaco, etc. and build an online component.
I look forward to seeing what companies the alumni work for and project they build.
We do this type of online tutored program at http://www.railstutors.com. We focus on Ruby on Rails, with a less ambitious goal - instead of aiming to prepare you as a junior developer at twitter, we want to get you started, learned Rails and build your first app from ground up. We have a shorter duration of 4 weeks instead of 9.
There are a lot of challenges on how to teach effectively online, and we have certainly learned a ton over the past few months. We are graduating about 20~30 students now every month.
Bloc(http://www.bloc.io/) does exactly that. "This is perfect for someone who wants to enroll in something like Dev Bootcamp but can't because they don't live in San Francisco."
I'm part of their fall cohort that's about to start and so far it's been great.
Like the other commenter, I completely disagree. The reason these programs work is because they are in person with heavy accountability structures, rapid sharing of knowledge, and an amazing community building.
I honestly can't see any of these working nearly as well as the in person programs. You have to be involved, invested 9, 10, 11 hours a day. Your fellow students will pull you up if they see you slacking or not working hard enough. They'll help you when you're down.
