Whats the VC breakdown in Ireland
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