Ruby on Rails contest in Japan July 19, 2006Posted by fukumimi in Internet, IT, Japan.
Ruby on Rails, the open source web framework, has attracted some attention as the underlying framework utilised by some high profile “Web 2.0” services.
Ruby was originally the brainchild of a Japanese programmer Yukihiro Matsumoto (aka Matz), and the Rails framework was developed by David Heinemeier Hansson, a Danish hacker (He was recognised as Best Hacker of the Year at OSCON ’05).
Drecom, the newly listed blog/CMS/etc developer is sponsoring a Ruby on Rails development contest (website at http://rails.drecom.jp), with the winner expected to be announced on July 31st.
Regardless of the merits of a company with sales in single digit millions (USD), the bulk of which are associated with strategic investors who are likely to make a huge capital gain when they are able to offload their shares, with a product whose main product, blog hosting software, which is difficult at best to differentiate from competitive products being traded at a PER or 400+, it is nice to see companies holding events like these even if it is an exercise in publicity (and/or recruitment) first and foremost.
The winner gets 1M JPY (about $8500), with runners-up prizes of 100,000JPY. Judges include Matz, Gen Taguchi, the man behind 100Shiki.com a popular blog showcasing interesting concepts from abroad, and Masaki Fujimoto, the CTO of social networking site Gree.jp.