Probably the pure fact that startups coming from a startup weekend are not as high is just a single piece of the learning equation.

There is so much good out of collaborating setting up a new business on scratch.

How many interpersonal projects have been set up from participants of that startup weekend amongst them?

How much learning could evolve in everybody’s own work?

What are worth the personal connection initiated by the startup weekends?

Lots more benefits than we think and at first see.

Cheers,

Ralf

If you want to meet like minded people go to a Startup Weekend.

You crazy Boulder kids!

My experience has been that Andrew is a nice guy with a bold vision who’s done quite a bit to be a community catalyst for startup enthusiasts in many cities. Despite problems with the SEC, two Startup Weekends in Seattle have helped get like-minded folk together and strengthened our ability to support each other.

In the end… it doesn’t matter if the company fails or not… its about jump starting the tech community and bringing together thought leaders.

SW weekend was one of the coolest things I’ve done while at IU, regardless of the fact that our startup was a monumental failure (too many people, SEC issues, design by committee, etc)

just a thought …

a) it’s fantastic that there’s research being done to document the success rate of startup weekend companies;

b) it’s hilarious that TechCrunch is unaware that 10% is commonly cited as a healthy success rate for venture-funded startups.

Also, I think “Idle” is misleading. Some of the “idle” groups *have* seen improvements to their project in 3, 6, or more months (for instance, http://www.tweetsum.com launched an improved version of the index).

Additionally, some of the “idle” projects were designed with the fact they had one weekend to put together something in mind, and they created something they could make and get to a “done” stage without too much additional effort. It doesn’t mean this projects didn’t go anywhere – they are still out there, working. They just had correct scope. Those projects are probably the biggest successes of all, because those involved learned to master reasonable expectations of what can be done in a specific time period.

As part of the SponsorHub team, we’re going to be announcing the launch real soon (doing testing now).

Maybe we should compare these ratios to real startup ideas? Maybe the author should talk to some of the people doing the startup ideas? (Like solid journalists would).

Nice research!