Kaggle starts making people rich!

OK, it’s a little bit rich and it’s not any of its owners.  Kaggle has just given away a netbook for an idea for a data competition which we intend to host. How easy was that? Will you be next? Prizes, Prizes, Prizes, out they go.  Below is my post on Kaggle:

Here at Kaggle we don’t just want to unleash the wisdom of crowds on existing competitions, we want to bring you in to help us develop our site. We’ll be rolling out a range of competitions over the rest of this year, but we’re sure there are interesting data sources that we’re unaware of. And we’re sure there are potential competition hosts who are unaware of Kaggle or the power of what can be done here. So if you can help us close those loops, we want you to benefit. We’re offering spotters fees for great ideas:

  • netbook or cash equivalent ($USD 300) for an idea. You must also supply or point to the necessary data.
  • A 16 GB WiFi iPad or cash equivalent ($USD 500) for anyone who comes up with a pitch for an organization that might benefit from a data-prediction competition.
  • 64GB, 3G iPad or cash equivalent ($USD $829.00) for anybody who brings a competition host to Kaggle.

In each case the prize is awarded if your tip becomes a competition on Kaggle.

We are interested in all manner of data prediction competitions, whether it be forecasting the vote share by electorate in Britain’s upcoming election, or building a robust model for a bank to predict which loan applicants will likely default. But the best competition suggestions involve rich datasets and require data analysis (and not judgement).

If you’re submitting an idea or a pitch (one and two in the list above), please outline your idea in comments below. This helps you register the priority of your idea as well as work it up with others on the site. Make sure you give us an active email address, so we can get in touch. If you are bringing a competition host to Kaggle or you’d just rather contact us privately, email ideas@kaggle.com.

We will hold the competition open until May 5th but may accept entries after that date.

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