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Archive for the 'paddysvalley' Category

Auctomatic - A Nice Exit

Wednesday, March 26th, 2008

I see that the Auctomatic boys got bought by Communicate.Com. TechCrunch says they got $5m but Damien disagrees.

I’m happy for the lads that kicked off Auctomatic and my congratulations go out to them, but this was not an Irish company, this was an Irish idea taken to America for execution. Y-Combinator has a proven model and an excellent collection of catchers mitts for good ideas. We cannot hope to emulate that kind of investment environment in a country of 4m.

Anybody can choose to take their ideas to America and take their shot, I guarantee you any of the Paddys Valley companies would triple their chances of success by moving to San Francisco.

I and (and I suspect the others on Paddy’s Valley) have chosen to be successful here in Ireland and despite the difficulties I predict several of us will succeed.

This may also be unpopular but I think it should be said, the 2-3m USD valuation is hardly what I would call a spectacular world beating exit for a Valley company. It was a successful technology sale rather than the sale of a hugely successful company.

Posted in auctomatic, paddysvalley, techcrunch | 7 Comments »

Paddy’s Valley goes on Tour to London

Thursday, March 13th, 2008

I was chatting to Eoghan McCabe this morning at Open Coffee Dublin and we sowed the seeds of an idea, a Paddy’s Valley Trip to London primarily to attend a London Open Coffee event but also to meet business partners, VCs etc. the usual suspects in other words.

All are invited. More detailed plans will follow. I already have Anton recruiting in Limerick.

Who knows, we might make a night of it!

Proposed date 24 April 2008.

24-April clashes with Web 2.0 Expo. Im suggesting a new date, 8th May 2008.

Posted in London, eoghanmccabe, opencoffee, paddysvalley | 10 Comments »

TechLudd: Paddy’s Valley Comes Home

Monday, January 14th, 2008

Antoin Mannering (of Benchd fame) has done all the heavy lifting (with help from Sabrina Dent on the webside) for TechLudd. An event designed to generate some of the energy and enthusiasm that we all found in ourselves over on the Paddy’s Valley tour to Silicon Valley.

Kick off is at 7.00pm at the Odessa Club on Dame Court. (Opposite the Stags Head). The Odessa Club is a very discreet doorway so you need to hunt around for it and ring the bell. You should register here for the event so they can gauge numbers. Who knows, there may even be a few drinks in it…

Posted in paddysvalley | No Comments »