Needahotel.com was recently sold for a reported â‚¬60million (see sbpost)
ElectricNews.net:News:In the papers 20 February
The paper also says that entrepreneur Sarah Newman stands to make up to EUR30 million from the sale of Needahotel.com. US firm Cendant is paying EUR30 million in cash for Needahotel.com, with a further EUR30 million in earn-out payments if the Dublin company meets financial targets. Newman, who founded Needahotel.com 11 years ago, owned almost 50 percent of the company.
check here for profile from E&Y
1st web2.0 exit for 2006….
More web2.0 activity in Ireland – Ripple – this is the first local company building on the “Agile Amy” stack
[spotted this on James’ blog – and he is correct re: site – edgeio is an example of “doing stealth” in public…. and with style]
Joe has the full commentary
Only only “eBay platform” company of note that i know of is Mpire
one of the best Irish mashups i’ve seen – great thinking….
Thanks to Jeff Clavier of SoftTech VC for alerting me to the Web 2.0 Innovation Map. It’s over to you to post your company and help put Ireland on the Web 2.0 map.