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Hackathons serve five main purposes in the world: | |
1. To get the host(s) some combination of recognition and/or money (i.e., from sponsors).* | |
2. To get participants some combination of jobs, investors, friends and/or co-founders. | |
3. To provide enjoyable challenges in a community setting that help people learn new skills -- while having fun! | |
4. To help sponsors (and hosts in some cases) lure developers into trying their awesome tools -- and providing feedback on them through challenges/contests (think a Twilio award for the best use of their API). | |
5. To help companies find developers to join their companies (think Google puts up a prize around wearable computing because they are looking to hire developers who are passionate about this space). | |
That’s why these events are thriving: they provide a massive amount of value for everyone involved. |
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