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Hackathons Are Today’s Most Powerful Recruiting Tool
Posted By Alex Mooradian On September 4, 2013 @ 6:45 am In Advice and How-Tos | 2 Comments
The secret weapon in tech recruiting today is the hackathon. Most notably on college campuses the mega-hackathon has emerged as the top event for sourcing quality engineers. What started as friendly meetups organized by on-campus tech clubs has evolved into massive and disruptive hackathons with more than 1,000 students participating and companies like Facebook and Google swarming to shell out tens of thousands of sponsorship dollars. But not everyone has bought into the frenzy and some are maintaining an autonomous and even purist approach.
The largest student run hackathons in terms of attendees will be hosted this fall by University of Pennsylvania, University of Michigan, and MIT. Often held prior to the traditional career fairs, these events are promoted as ways to gain early access to the top engineering students on campus at the start of the recruiting season. The 24 to 36-hour intense competitions are touted as fun, educational, and yield large cash sponsored prizes (in some cases more than $3,000). The events are coordinated by students and draw hundreds to thousands of eager students.
UPenn’s PennApps  was the first mega-hackathon and set the bar high in terms of event organization and quality of attendees. Participating sponsor companies like Venmo took notice. Word spread quickly among tech recruiters and student groups. A group of students from the University of Michigan actually “crashed” PennApps and then returned to campus to host its own MHacks . Each event seems to build on the last, and this year MHACKS will have more than 1,000 students hacking from within its renowned Michigan football stadium, “The Big House .” HackMIT  carries with it the branding of Massachusetts Institute of Technology as the top ranked engineering school, and has entered the melee for “top hackathon,” even going as far to recruit a rapper to profess their status as No. 1.
Between hackathon organizers there’s a friendly sense of competition and collaboration, but for attendees, securing a spot can be challenging. Registration for some events maxed out within 24 hours. All of this bodes well for interested sponsors who are guaranteed, depending on their sponsorship levels, to be able to send teams to work alongside the hackers at the event, give presentations on their product, and in general see the students in action and ultimately recruit them.
Some companies see value in participating in both the student-run hackathon as well as their own company-branded events. Evan Zacks  of Barracuda Networks says that it will be hosting its own bot competition at University of Michigan for the third year in a row in addition to sponsoring MHacks. The private event has grown from 50 engineering students to more than 100 last year. And while the space on campus for these type of events is getting a little crowded, Zacks is not concerned, as he ha been repeatedly told their competition is a student favorite. For Barracuda, the return on attracting only engineers and having the spotlight as host is worth it. The teams observe the students interacting with their bot software, asking questions, and problem solving. “It’s a highly insightful tool to see who might do well to join our team.” says Zacks.
Other companies like Amazon AWS and GoDaddy are snapping up lead sponsorship opportunities for events like SignalFire’s University Hacker Olympics . During this unique event, company sponsors can give tech talks and bring teams of their engineers to work alongside a group of 100 carefully vetted students from across 35 universities.
The venture capital community has also taken notice of the recruiting power of hackathons. Greylock Partners completed its second annual summer Hackfest for 170 top engineering interns. Julie Deroche, director, university talent, at Greylock says “Greylock Hackfest provides a rare opportunity for students to meet, network, and compete in front of an impressive panel of judges. From judges to mentors to teams, we only take the very best.”
But some companies continue to view hackathons are purely a means to educate and propel their brand. The recruiting that happens is just an added benefit. For example, Alex Donn, senior marketing manager for the AT&T developer program, uses hackathons as an opportunity to promote the company’s partners and engage existing customers. For Donn’s Hackathon series , the recruiting aspect is a natural occurrence but not the main focus. “The sign of a successful event is when the CTO reports back that the hackathons have created goodwill,” said Donn. The company is excited by the growth of hackathons for students and their output, but for now remains focused on developer education as its primary goal.
The list of student centered hackathons  continues to grow and the recruiting calendar looks full. The true test in seeing if the hackathon can continue to deliver top candidates will be measured in the number of offers made prior to the traditional career fairs. Both students and company sponsors will undoubtedly be watching.
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URL to article: http://www.ere.net/2013/09/04/hackathons-are-todays-most-powerful-recruiting-tool/
URLs in this post:
 Image: http://www.ere.net/wp-content/uploads/2013/08/Screen-Shot-2013-08-30-at-3.27.24-PM.png
 PennApps: http://2013f.pennapps.com/
 MHacks: http://www.mhacks.org/
 The Big House: http://en.wikipedia.org/wiki/Michigan_Stadium
 HackMIT: http://www.hackmit.org/
 Evan Zacks: https://twitter.com/Barracuda
 University Hacker Olympics: http://events.signalfire.com/
 Hackathon series: http://developer.att.com/hackathons
 student centered hackathons: http://www.readyforce.com/events
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