Living Off Hackathons: The Possible Rise Of The Pro-Hacker
Hackathon prize money keeps rising each year as organizations learn to take advantage of their value. Runner-up cash prizes are now in the thousands, and grand-prize payouts are as high as $1 million.
There is now a compelling argument for ambitious programmers to live off hackathons: They can forget the long-term slog of building a startup and instead focus on the fun part — the first few days of innovation.
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Story added 25. January 2016, content source with full text you can find at link above.