matthewvb

Two big announcements came yesterday out of Startup Weekend:

1. Andrew Hyde (founder) has announced that Startup Weekend is hiring a CEO. This is the first organization based around creating products in a short span of time (54 hours for SW attendees) to hire a CEO.
2. Startup Weekend 2.0 begins this weekend in Boulder for their second SW. Big changes include the following:

• Multiple Projects
  • As a group we are no longer working on just one company.  If a group of seven, one or 45 for that matter wants to tackle a project or start a company, fantastic.   The community will take charge here, but nothing will be decided until Friday night.  All equity decisions will be made at the event.
• Build on a Project
  • An existing company can recruit a few some brilliant tech minds to spend two hours with working to make their project stronger.
• No Company Required
  • Every project will be different, but there will be no requirement to incorporate a company

The second point comes as a big move as this has been a hotly contended issue in SW past. Other weekends have already taken steps to decrease team size and put more power in the hands of the attendees as to “What happens Next?” Whether the weekend is a success or not, each product launched has the choice to do as they wish.

This is a shift in mentality from a group coming together around a common product and working as a team to being more of a code fest. People are now able to get together, put together what they want, and do with it what they want.

It’ll be interesting to see how shares are distributed and ownership happens with these changes. If one project doesn’t want to go to the group — how will it impact the ownership of that product? According to the site, power still resides with the group, but this weekend will prove whether that’s really the case or not.

Good luck to Boulder! Looking forward to seeing which app(s?) come out of the weekend.