19 karma · joined November 27, 2011
There seems to be a plethora of news about hiring, but when was the last time you saw something about firing?
It is hard to determine significance from these graphs, especially as pflats commented that the y-axis are skewed.
Hackathons don't generate code ready to ship, but that does not make it nonsense. They are meant to create "sketches" of programs. Sketches are created to convey an idea, and solidify the imagination. They are not the end product themselves or are they the basis for the end product. They are instead an aid. Similarly, whenever I hack and decide that I actually want to pursue the project, I start from scratch. The hack helps refine the design and architecture of the project much more than simply thinking about the project.
disclosure: I'm an officer of the Hackers@Berkeley club in UC Berkeley. From what I've seen, hackathons are when students really step out of their comfort zones and learn new skills to create innovative projects. Great things have come out of them. Once in a while, those hacks even become the sketches for new startups.
However, I am not a fan of "Has business model other than advertising". Although it is something to have in the back of your mind, it is hard to say what the product/idea will evolve into when it actually becomes something that can be profitable.