AWS launches 2011 start-up challenge
aws.amazon.com
aws.amazon.com
Let me see if I got this right. I enter with my project, they like the idea, they cut me off and build my project as their own. And I get 25$ for participating...
Is this realistic or am I just being paranoid?
From the list of finalists last year it appeared that having a VC or notable investor on your team was almost a requirement to get anywhere.
Anybody with experience making the finals or from the AWS side lurking around HN that might be willing to give some tips?
You get money; Amazon gets publicity ("look at these cool AWS-using startups!") and information ("huh, I had no idea so many people were doing X... maybe we need to offer X as a service").
(a) implementation and integration of the Paid Services;
(b) originality and creativity;
(c) likelihood of long-term success and scalability; and
(d) effectiveness in addressing a need in the marketplace (the “Judging Criteria”).
:)