PayPal's BattleHack comes to 1871 this weekend
“We wanted to come to the home of Braintree,” said John Lunn, senior director of the developer network for PayPal and Braintree and leader of the BattleHack program. “There are great startups in Chicago. It’s a very fast-growing startup city, and we want to go where the startups are.”
Unlike other hackathons, BattleHack will not reward participants for their business plans, Lunn said. He described it as a “pure” hackathon that will focus on finding the best developer in the world. Throughout the year, PayPal will host BattleHacks in 14 global cities. Come November, the winning teams from each city will meet for a final battle royale at PayPal’s headquarters in San Jose, Calif. The winners will go home with $100,000 and an axe.
In early June,
David Marcus abruptly left as PayPal CEO to head up Facebook Messenger. EBay CEO John Donahoe has stepped in as interim CEO and is looking for the right person to take over. Braintree CEO Bill Ready is “an option,” Dunn said.