Google Fiber to host Compute Midwest’s hackathon

We’re just running a competition here…..so what you do with your source once the competition is over is on you. We encourage participants to open source the codebase of their applications for the benefit of the community. However, if you choose not to open source your application, well, that’s you decision.

Please note that the competition organizers will have access to your code base throughout the competition, in order to make sure that no cheating occurs (as outlined previously).

We won’t steal anything from you, promise! However, we do reserve the right to use your application’s likeness as a promotion for this or future contest.

That said, I personally will not get involved in any hackathon doing an IP grab. In fact, I'm fighting against one called 3 Day Startup (3DS). You can read about that here: http://whatis3daystartup.com/whats-the-goal/

TLDR: 3 Day Startup is basically a Startup Weekend focused on students but anyone that participates signs over everything developed to 3 Day Startup.. later, the participants can license it back if 3DS approves.