A HACKATHON is when a group of people get together to collaboratively create software in a sprint-like fashion.
A SUMMIT, when referred to as a conference, is when a group of people, who care deeply about a topic, come together.
A HACKASUMMIT is a term we made up to merge these two ideas. It's when a group of people, who care deeply about elevating the success of their business, come together to implement a set of tasks that are technical in nature.
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