42,000 attend fifth installment of Web Summit at RDS

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Despite some minor technical hitches, the Web Summit proved a success once again and saw 1,000 investors and over 2,000 startup companies taking part in the internationally acclaimed business and technology exhibition.

Paddy Cosgrave, the Web Summit’s founder, was criticised by some for describing a Government payment to the summit of €500,000 as “hush money”.

The Government, on the other hand, have been subject to widespread criticism for not doing enough to prevent the Summit from moving their operations to Lisbon next year.

Attendees were given the chance to see a host of speakers, many of whom are highly renowned in their respective fields, during the three day event.

American animation studio Pixar’s President, Ed Catmull, spoke to listeners about what made him tick and made him the success he is today, while multi-award winning Swedish DJ Steve Angello, formerly of electronic production trio Swedish House Mafia, spoke of the effects of online streaming on the music industry on the second day of the event.

Speakers on the Summit’s Sports Stage included former Manchester United players Edwin Van Der Sar and Louis Saha. Van Der Sar was speaking as the Chief Managing Officer of Dutch club AFC Ajax where he once played, while his former teammate Saha was representing his Axisstars sports management company.

Elsewhere, Sean Rad, a co-founder of the massively successful dating app Tinder, spoke to Steven Bertoni, a Senior Editor for Forbes magazine. Rad said of the app’s success, “We are connecting people and making the world a better place with more than 1.5 million dates per week and 30 million matches per day.”

The loss of wireless internet on the premises during the first day proved to be one of the greatest problems the Summit faced. However, this was soon resolved.

The Web Summit’s five year presence in Ireland, since it was founded, now comes to an end and next year’s Summit will take place at Lisbon’s MEO Arena.

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