web2ireland 2010fergus burns

View of Ireland

•Martin Varsavsky

•Entrepreneur and Angel

•“Ireland shows that to thrive you don’t needto have leading global companies. U just need forthem to like U.”

2008•Ecosystem

•Entrepreneurs

•Startups

•Skills

• Investment

•AGILE AMY

•Exits

•Support

Entrepreneurs•Chancer’s - Arthur Daly

•Tax-dodgers

•Life blood of the economy

•Build Stuff

•Take risks

•Create Value

•Age is not a factor

Startups•Enterprise Ireland

•200 by 2010

•No mention of web2.0, internet, etc.

•Web2Ireland startup’s ?

•Global

•Long Tail Business Model

•Capital Efficient

Skills

Skills

•AIB versus Startup

•Equity versus 4 Holidays a year

•The $10million Porsche

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

AGILEAMY

• Irish Operations

•Question - how many startups from AGILEAMY

•Question - how many acquisitions by AGILEAMY

Exits

•needahotel.com

• stockbyte

•myhome.ie

•$259million....

• versus enterprise/mobile.....

Support•Grass Roots

•Paddys Valley

•OpenCoffee

• IrishDev – Developer groups

•BarCamp

•DemoBar

•Techludd

•Curry 2.0

Support

•Top Down

•Enterprise Ireland

• ISA

• IDA

• Intertrade Ireland

Web2Ireland2010

Wishlist

•Success

•People

•Startup Activity

•Angels

•Support

Success

•Creates Opportunity

•€1 billion worth of exits

•R+D facilities in Ireland

•Home run mentality

•U2/Ryanair of web2.0

• Israel as benchmark

People

•Top Coders - Geeks !!

•Entrepreneurs - Long tail !!

•Business Schools - Irish Stanford !!

•Academia - all that R+D spend from EI

•AGILEAMY - boredom !!

Startups

•200 Companies

• Irish SeedCamp

• versus

•M50 Programme

•etc, etc, etc, etc...

•Red-tape......

Angels•An Irish Ron Conway

•Sells to CBT - Irish

• Invests in Google

•100+ Angel Investments

•Friends of Web2Ireland

•Tim O’Reilly

•Guinness Drinkers....

Support

•Grass Roots

•Focus - co-ordination

•Top Down

•Leadership for Growth - Stanford

•Long Tail versus Service led biz

Summary

•Successful ecosystem

• Ireland - web2.0 centre of excellence

•European R+D smarts

•Global business leaders

• Investment Opportunities

•Value Creation