Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Coshx Labs is giving away $50k of development. No strings attached.

competition.coshx.com

Post reply on HN
Print view View original

11–20 of 37 posts

Re: Coshx Labs is giving away $50k of development. No strings attached.

#11

Post by owenthethird »

refrigerator wrote: post #2

Awesome! Any idea how public the public voting will be? i.e will a large community (4chan) be able to vote for their own idea and win easily?

Thanks so much for the interest (Owen from Coshx here). The voting will be 100% public for the first round in order to pick the 5 finalists. If an individual or team can get the entire 4chan community behind them, then I call that market validation and more power to them! Official rules will be sent out soon and they state that an individual or team must be behind the concept, but that operating companies are excluded from getting free work. We want to help someone launch and idea, not reduce costs for a profitable company.

Re: Coshx Labs is giving away $50k of development. No strings attached.

#12

Post by btaitelb »

saganus wrote: post #8

I tried sending an email to competition@coshx.com but I got a mail delivery subsytem error: "We're writing to let you know that the group you tried to contact (competition) may not exist, or you may not have permission to post messages to the group". Maybe there's a misspelling somewhere? has anyone tried to send an email there as wel?

Sorry about that, we had the permissions set too strictly. It's fixed now, and I want to thank you for bringing this to our attention before the competition starts.

Re: Coshx Labs is giving away $50k of development. No strings attached.

#13

Post by mildtrepidation »

wasd wrote: post #7
darkFunction wrote: post #5

Clever. So they get lots of great app ideas, pick the 4th or 5th best idea as the winner, build it, and then get to work on the actual best idea submitted for themselves.

ideas have very little value. what really matters is the execution team.

People love to say this, but it just isn't true. Ideas can be very valuable, particularly when they come from a well-informed perspective in an untapped niche/market.

Of course an idea isn't useful without execution, but without the idea, you have nothing to execute.

Re: Coshx Labs is giving away $50k of development. No strings attached.

#14

Post by saganus »

btaitelb wrote: post #12
saganus wrote: post #8

I tried sending an email to competition@coshx.com but I got a mail delivery subsytem error: "We're writing to let you know that the group you tried to contact (competition) may not exist, or you may not have permission to post messages to the group". Maybe there's a misspelling somewhere? has anyone tried to send an email there as wel?

Sorry about that, we had the permissions set too strictly. It's fixed now, and I want to thank you for bringing this to our attention before the competition starts.

Great!

Re: Coshx Labs is giving away $50k of development. No strings attached.

#17

Post by mixmax »

mildtrepidation wrote: post #13
wasd wrote: post #7

Earlier quoted context omitted.

ideas have very little value. what really matters is the execution team.

People love to say this, but it just isn't true. Ideas can be very valuable, particularly when they come from a well-informed perspective in an untapped niche/market. Of course an idea isn't useful without execution, but without the idea, you have nothing to execute.

Here's the question I always ask when the idea vs. execution debate comes up: Can you give me one single example of someone having sold an idea for a sizeable amount of money?

I haven't heard any good answers yet.

Re: Coshx Labs is giving away $50k of development. No strings attached.

#19

Post by AlexMcP »

manishsharan wrote: post #16

Why post this on HN ? We are mostly programmers , techies or in tech business and s/w is not difficult for us. Why not advertize/post this on Business magazines or trade publications for Dentists , Doctors , Plumbers and such ?

Surely the idea of a one-off crowd sourced mini incubator is at least a little interesting to someone who writes|plans|sells software.

Immediate reactions from me include "Should my company get on board with something like this?", "I wonder what the equity split is like", "Could there be a platform for voting up ideas to work on based on customer validation?", "Should I build that platform to bubble up ideas with a verifiable userbase?"

Re: Coshx Labs is giving away $50k of development. No strings attached.

#20

Post by dangrossman »

owenthethird wrote: post #11
refrigerator wrote: post #2

Awesome! Any idea how public the public voting will be? i.e will a large community (4chan) be able to vote for their own idea and win easily?

Thanks so much for the interest (Owen from Coshx here). The voting will be 100% public for the first round in order to pick the 5 finalists. If an individual or team can get the entire 4chan community behind them, then I call that market validation and more power to them! Official rules will be sent out soon and they state that an individual or team must be behind the concept, but that operating companies are exclude…

Being able to get 4chan to vote on something is probably more correlated with meme creation skill than validation of a market for any product. This type of contest often measures the size of participants' networks and their ability to leverage it, not the things being voted on. Lots of them run by large brands end up being won by people like teachers who can convince their boss to ask all the students in the district to vote for their teacher because they know him/her, regardless of the idea submitted.
Post reply on HN