Facebook throws open developer fund compo Facebook is offering grants to developers making applications for the social networking site - entries must be in by 29 August. A total of $10m is available in grants of $25,000 or $250,000. Round 1 will give 25 applicants grants of $25,000. Round 2, contested by the winners of Round 1, will give grants of $250,000 to the top …
It is disappointing that FB has added a clause that insists on 1 US developer. I can understand why, it's US company backed by a US fund. FB is global though and they're missing out on potential great ideas and businesses with this clause. As a small UK development team, we'd very much like to apply. Their own forums are full of teams from the Indian sub-continent that would also like to take part.
Anyone know an easy way to hire a US developer? Ensuring that they're committed to the project and don't steal the idea?
"A total of $10m is available in grants of $25,000 or $250,000. Round 1 will give 25 applicants grants of $25,000. Round 2, contested by the winners of Round 1, will give grants of $250,000 to the top five chosen apps."
That doesn't appear to add up:
25 * $25,000 + 5 * $250,000 = $1,875,000 < $10,000,000
What's happening to the other $8M?
If you want a US developer, draw up a contract fielding any US friend as a "developer", offer them 1-5% with a Non-compete and bam. You have a US developer who can't steal your idea (Or probably know what to do with it if they had it). Just because they are labelled as a "developer" Doesn't mean they actually have to develope anything. Offer a lazy american 1-5% to sit on his ass and then you develope your program. Facebook doesn't have to know you have a non-compete agreement inside your team, Hell, I would have one regardless.
Problem solved - as developers, I would expect more outside the box thinking.
Loopholes are the things that make everything else work.
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