3 ms·
When I see contests like this, my first thought always goes to "But do they really have the money to pay me if I figured it out." For big prize payout contests
by ecaron 12y ago
When I see contests like this, my first thought always goes to "But do they really have the money to pay me if I figured it out."
For big prize payout contests, I'd get a lot more serious if they provided proof that the funds were waiting in escrow until end-date/winner.
But I'm probably unnecessarily suspicious of the depth of a startup's pockets...
- Geee 12y agoIt's not a 'startup'. It's a project by the founders of VK, and they surely have deep pockets.
- Sambdala 12y agoEven ignoring that $300k isn't that much for most companies, there's insurance for big prize payouts where you'd pay the expected % time you'd have to pay out times the prize amount, plus a vig for the insurance provider.