Why pitching hackathon ideas destroys exploration value and kills high-payoff bets
Hackathons generate value through uncertainty and convex payoffs—tiny odds of massive breakthroughs. Pitching filters ideas upfront, which systematically eliminates the highest-impact bets that feel counterintuitive. The better move: remove resource constraints or let hackers negotiate access, preserving the chaos that unlocks decision wisdom unavailable through rational planning.
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