keynote presentation @ web2ireland

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