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by jack_trades
4812 days ago
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The cynic in me says, "How Kaggle wastes the time of many talented individuals while enabling corporations to give the finger to their staff." I should start providing prizes for the best start-up. I'll give you a $20k prize and then turn around and sell it for $1M or more. You can put it on your resume. Win win. EDIT: Sure, it's good for various things, but it is so detached from the reality that it's a bit out in the thicket. The cynic in me just doesn't get over the value handed over by competitors to the sponsors. |
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I would think you don't have to hand over your algorithm, if you forego the prize money. Another way of looking at it... as alluded to by other posters, the "winning" data model may not be the best, so there might be less value handed over than you think.