Hyperhackathon: steal this idea volume #2
solution for the wasted potential with hackathons not making companies
"hyper hackathon" or "who's got code?"
Core idea:
Make hackathons into seed funding, and investment rounds
All attendees are investors for 100 usd (ticket price) %15 of company.
100 people attending? = 10,000 usd
finalist 1 teams get 5k usd at a baseline.
In tournament style elimination, each round of hackathon teams get whittled down to two remaining teams.
They get half a month. to prove out their idea with paid support. hire contractors, buy materials, order pcbs, rent servers, everything.
if they get to product market fit before the time is up. They get the prize money.
attendees win: high probability their money gets into a winning startup.
Example:
The event attendance is 100 people x 100 usd/ticket = 10,000 usd
There are 5 brackets:
1) 1000x ideas are collected from the public. (voted like hacker new up/down) (winning idea gets small share %) ONLINE
2) 200x people spend 2 hours making pitch decks. ONLINE
3) 30x core teams get 24 hours to create a prototype (normal hackathon) (IN PERSON)
4) 5x core team + specialists from losing rounds get 14 days to refine their prototype, + receive $1000 for professional branding, mentorship, and support. (1/2 of $1000) IN PERSON
5) 1x winner: they get the full $5,000 + assistants with boring stuff like LLC setup help, tax,accountant, advisors etc. IN PERSON
Why is it unique:
- Investors win: high-probability bet startups early, 1 in a million ideas
- Attendees win: chance at $5000 and funding to go make their startup idea work
- Everyone wins: Losers money is on the winning team, and Losers win by joining winning teams as specialist, ensuring all participants can get involved
If you do a hyper hackathon PLEASE INVITE ME! ill help you do it.
Up goer five version of the above statement ;)
"fast computer write event win" or "who's got computer writing?"
main idea:
Make computer write word event into start money, and money gift rounds
All people are gift money for 100 monies (enter money is) %15 of company.
100 people going? = 10,000 monies
1 win group get 5000 monies as a start point.
each round removes group by fight other groups. repeat, each round of computer word writer teams get smaller to final two remaining teams.
They get half a month. to prove out their idea with paid help. paid workers, buy build things, order computer boards, paid money computer time on other people computers, everything.
if they get to lots of people to buy it in the group of people who are willing to buy, fit before the time is up. They win all the money pool.
event goers win: high chance their money gets into a winning beginning company.
explain help one:
The event event goers is 100 people times 100 monies / paper enter = 10,000 monies
There are 5 steps of the event:
1) 1000 ideas are gotten from the big group. (people say they like it up and down like that computer word writer computer page for with up/down) (winning idea gets small share %) on computer page
2) 200 people spend 2 hours making share computer idea pages. computer page
3) 30 main teams get 24 hours to create a start try idea real (normal computer word writer event) (IN PERSON)
4) 5 main team + high paid special workers from losing rounds get 14 days to make better their start try idea real, + receive $1000 for high paid workers company words good, people who help computer word writer, and fix bad make. (1/2 of $1000) IN PERSON
5) 1 win group: they get the full $5,000 + all high paid helpers with boring stuff like company make help, the big law group of control ,money counter helpers, IN PERSON
Why is it not many like this:
- money gift people win: high-chance the money gift will get into the start companies , 1 in a 1000000 ideas
- event goers win: chance at $5000 and money gifts to go make their start company idea work
- Everyone wins: Losers money is on the winning team, and Losers win by joining winning teams as specialist, ensuring all participants can get involveda
Author 
by oran collins 
github.com/wisehackermonkey

