Starting tomorrow night 125 developers, designers, UX gurus, legal eagles, PMs, new media marketers, and biz dev folks will conceive and build a web app as a part of Startup Weekend Seattle. The goal is to launch by Midnight on Sunday the 27th. We’re sponsoring along with Adobe, Madrona, Lockergnome, UW, and Sun.
Much like Ignite, Startup Weekend has been spreading from city to city. Seattle is just the latest in a series, as is explained in their about page:
Founded in 2007 by Andrew Hyde, the weekend is a concept of a conference focusing on learning by creating. It is known for its quick decisions, ‘out of the box’ thinking, unique facilitation technique and letting the founders show what they can do. The program has already met with success in Boulder, Toronto, New York, Hamburg, Houston, West Lafayette, Boston and DC and is expanding to 10 other cities. These cities include San Francisco, Boston, DC, Atlanta, London, Dublin, West Lafayette, Chapel Hill, Austin, Portland, and Seattle with more cities signing up weekly.
I also noticed this clause on the ownership:
Founders receive equal shares of founder stock of the company they create (see the FAQ’s for a full explanation). 5% of each company created goes towards Startup Weekend.
Seems like the Startup Weekend crew are creating a mini-Incubator while invigorating local start-up communities. If even one of the weekend’s creations do well they’ll be paid back quite a bit.
Though they are technically sold out I was able to secure a spot for Radar readers. Leave your best start-up pitch in the comments by noon tomorrow. Organizer Hans Omli and I will award the best one with a spot.
Also, they are short on designers and will be willing to make exceptions for you; ping Hans at shoestringventures dot com if you are interested.