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by olivier1664 4902 days ago
The "1:30 chance of winning $25k" means you work at around $1k per month as self managed develloper (in the US). It's just cheap.

It can be a goood deals for CS students that have some 3 weeks mandatory project to do for school.
2 comments
jalpino 4901 days ago
Where do you get the $1k/month from?

Finalists are granted access to the API on Feb 11, 2013 and are required to submit their entries by March 1, 2013. Assuming that they also notify you as a finalist on Feb 11 and not before, that gives you 3 weeks to build and submit your prototype.

$25k / 3 weeks == $8,333.34 USD per week. That's a pretty good payout for anyone in my opinion.

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unreal37 4891 days ago
Also, assuming that you're not spending 40 hours a week at this for all 3 weeks (120 hours). A working prototype can be made in 10-15 hours. Also the amount of time you spend on it is up to you.

So 1:30 shot at $50K, for a 15 hour investment? Up to you to decide.

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