Developer Auction Racks Up $78 Million More Bids, Expands To LA

&#62; Not that DevelopersAuction has been sticking too closely to its original parameters anyway. Ostensibly the company solicits developers who are graduates of Stanford or MIT and/or have worked for companies like Google, Facebook or Apple. But at least one Chicago based developer was accepted even though he didn’t match those criteria.<p>I was accepted to Developer Auction (not looking for work, but I always like to know what my options are) despite having no college experience (let alone a degree), indicating I lived in the middle of nowhere in CT and was only interested in remote work, had never worked for one of the 'big startups', and stating I was only looking for security roles. No idea how I was accepted.<p>I received some interest -- e.g. "Are you sure you don't want to move to SF?" -- but no offers. I'm assuming it was primarily due to the remote requirement given that.

I'm trying to understand 78 Million in bids. Let's say 10 companies make a bid of 150K to the same single developer, then that is 1.5 Million in bids right?

The article is a bit misleading. Offers generally mean the interviews are done, and the company has found a match. But on the homepage it says all offers are non-binding and before any interviews. It seems they can be used as just a way for the recruiter/company to get someone's attention.

I still don't understand why they're only limited to allowing developers from a few select employers and Stanford/MIT grads.

I wonder what expands to LA really means. I got 2 offers from startups that are based in LA already.

Hmm, I didn't know Feirstein (usell.com, money4gold) was affiliated with this... red flags galore.<p><a href="http://www.corporationwiki.com/Florida/Fort-Lauderdale/doug-feirstein/36121110.aspx" rel="nofollow">http://www.corporationwiki.com/Florida/Fort-Lauderdale/doug-...</a> <a href="http://www.sec.gov/Archives/edgar/data/1271075/000111650209001310/money103.htm" rel="nofollow">http://www.sec.gov/Archives/edgar/data/1271075/0001116502090...</a>

So the idea is that companies bid against each other on talent? What is to stop them from colluding and bidding just the current bid + 1? E.g. the first company bids 150k, the next one 151k and so on. Also, are the companies supposed to bid on the candidates without even having met them? What if someone has a kick-ass work history but turns out to be a tool in real life?

I was accepted besides my out of states degree and no experience working in big startups. And unlike daeken I was never featured in any publications nor I have impressive resume :) I am wondering what criteria I did fit...<p>Anyway, got zero offers. Oh well. :)

I put myself up on there even though I'm based in Atlanta. (I'm a friend of Allan Grant, btw) Any thoughts about telecommuting positions or general remote workers? Are you avoiding those kinds of positions currently?

Nice job)