Whats the VC breakdown in Ireland

25th of July 2006 by admin

SiliconBeat has a piece on how Venture capitalists are going nutty over Web 2.0 companies, pouring $870 million into these companies during the first three months of the year.

Compare that with the Irish VC investment scene [due to get €200m from the Govt] – which has ZERO web2.0 investments to date.

What problems do we face

- number of investable project
- lack of risk with Irish VCs
- Internet “bubble” notions

Its not as if we haven’t had success with internet exits

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