'Plenty to keep tech heads and investors busy’

The second day of the Web Summit may not have had an announcement to rival that of the first when Irish entrepreneur Oisín Hanrahan’s start-up, Handy landed a $50m investment but it had plenty to keep tech heads and investors busy nonetheless.

'Plenty to keep tech heads and investors busy’

The day opened on the main stage with Stripe’s John Collison predicting not only significant growth for his own company but great success for European start-ups, both born and yet to be conceived.

“It’s hard to see a world in which everything stays the same,” Mr Collison told the Summit in reassurance that the best was yet to come in terms of technology start-ups.

The move to mobile which has dominated recent years was an area of particular interest to the young Irishman who claims most of the top start-ups in this space have not yet been established, music to the ears of those attending the self-styled largest start-up gathering on the planet.

The next Facebook, he said, could very well emerge from Europe rather than the US where he and brother Patrick chose to base Stripe.

Impressing in another corner of the RDS was Rob Lloyd of Elon Musk’s Hyperloop Tech, a super highspeed levitating rail line concept.

Governments, Mr Lloyd said, would jump at the chance to bring Hyperloop to their country when they saw the benefits of moving people or goods about at more than 1120 km per hour.

With Web Summit co-founder Paddy Cosgrave bemoaning the government’s inability to provide enough buses for the event in recent weeks, however, it might be best not to book your tickets just yet.

Padraig Harrington’s comments elsewhere that he “cannot afford” to get his nine-week break wrong lest he “miss out on another year” could equally be applied to those in Leinster House.

Lisbon doesn’t have a Hyperloop to boast about just yet but on this evidence the Web Summit’s three year hiatus shouldn’t be wasted either.

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