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IWTC keynote presentation
- 1. web2ireland 2010 fergus burns
- 2. View of Ireland •Martin Varsavsky •Entrepreneur and Angel •“Ireland shows that to thrive you don’t need to have leading global companies. U just need for them to like U.”
- 3. 2008 • Ecosystem • Entrepreneurs • Startups • Skills • Investment • AGILE AMY • Exits • Support
- 4. Entrepreneurs • Chancer’s - Arthur Daly • Tax-dodgers • Life blood of the economy • Build Stuff • Take risks • Create Value • Age is not a factor
- 5. Startups • Enterprise Ireland • 200 by 2010 • No mention of web2.0, internet, etc. • Web2Ireland startup’s ? • Global • Long Tail Business Model • Capital Efficient
- 6. Skills
- 7. Skills • AIB versus Startup • Equity versus 4 Holidays a year • The $10million Porsche
- 8. Investment • Irish Angels • Last seen boarding flights for Berlin • Irish VCs • IVCA - €1.25 Billion • Web2.0 investment - N/A • Global/European VCs • Investing in Web2.0 Sector
- 9. AGILEAMY • Irish Operations • Question - how many startups from AGILEAMY • Question - how many acquisitions by AGILEAMY
- 10. Exits • needahotel.com • stockbyte • myhome.ie • $259million.... • versus enterprise/mobile.....
- 11. Support • Grass Roots • Paddys Valley • OpenCoffee • IrishDev – Developer groups • BarCamp • DemoBar • Techludd • Curry 2.0
- 12. Support • Top Down • Enterprise Ireland • ISA • IDA • Intertrade Ireland
- 13. Web2Ireland 2010
- 14. Wishlist • Success • People • Startup Activity • Angels • Support
- 15. Success • Creates Opportunity • €1 billion worth of exits • R+D facilities in Ireland • Home run mentality • U2/Ryanair of web2.0 • Israel as benchmark
- 16. People • Top Coders - Geeks !! • Entrepreneurs - Long tail !! • Business Schools - Irish Stanford !! • Academia - all that R+D spend from EI • AGILEAMY - boredom !!
- 17. Startups • 200 Companies • Irish SeedCamp • versus • M50 Programme • etc, etc, etc, etc... • Red-tape......
- 18. Angels • An Irish Ron Conway • Sells to CBT - Irish • Invests in Google • 100+ Angel Investments • Friends of Web2Ireland • Tim O’Reilly • Guinness Drinkers....
- 19. Support • Grass Roots • Focus - co-ordination • Top Down • Leadership for Growth - Stanford • Long Tail versus Service led biz
- 20. Summary • Successful ecosystem • Ireland - web2.0 centre of excellence • European R+D smarts • Global business leaders • Investment Opportunities • Value Creation