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Funding Your Startup With Hackathon Winnings

12 points| blaurenceclark | 12 years ago |getvue.co | reply

6 comments

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[+] danielfriedman|12 years ago|reply
Love hearing this! I co-founded the first MHacks and after going to 10+ hackathons, I think this will become a trend. Hackathons are held in nearly every major city and every college now. More prize winnings, more hackers to meet potential cofounders and you're ripe to see just a few more startups.
[+] glovedotcom|12 years ago|reply
I hope the hackathon winnings become more transparent (not yours)...I hear many complaints from folks who have put a lot of effort to only see the "prize" or not the "prizes".

Brain - What are you thoughts on when to take the investment vs cash?

[+] blaurenceclark|12 years ago|reply
It's a great opportunity, thanks a ton for putting in the work to create MHacks! Without people like you I wouldn't have these opportunities!
[+] dcarterjs|12 years ago|reply
looking forward to applying some of this at my first hackathon. do you usually come in with an idea, or wait until after getting there to think of something?
[+] angilly|12 years ago|reply
It's totally up to you. Some hackathons are themed, so a lot of times you'll want to hear presentations from various API sponsors first and then decide how to integrate. Conversely, in the case of http://ramen.is, we had planned out the idea for quite a while before going into the LAUNCH hackathon last November.
[+] blaurenceclark|12 years ago|reply
I've done both, sometimes when I get there and see an API from a sponsor that I had missed before, it'll give me a great idea on the spot. Other times with VUE I'd been planning the idea in my head for a couple months.