As per Digital strategist, Peter Thomson “The brightest minds of the next generation are spending their weekends building software in hackathons, quitting their jobs to build interesting startups and being investing in by incubators and accelerators. It’s a brave new world, but large companies are still looking for ways to become more agile.”

One of the most famous and raucous scenes from the movie “The Social Network”, about the birth and rise of Facebook, is a hackathon, where fueled by youthful exuberance and, other things, a group of hackers competes to develop code for server intrusion, which was inspired by OpenBSD’s apparent first use of the term referred to a cryptographic development event.