Every 60 seconds another 95 new startups are created around the world, looking for investors.
The average annual return on angel investing over the last couple decades is an incredible 27.3%.
Tech companies listed on American exchanges alone account for $5.17 trillion in combined market cap.
It is no coincidence that Google, Facebook, PayPal, and many other tech giants have established their European headquarters in Dublin. Ireland’s favorable corporate tax rates and government regulations attract the world’s largest corporations to lay roots, providing Dublin with a diverse pan-European talent pool. The city’s welcoming reputation and generous government programs provide the community with ironclad support. The government-backed Enterprise Ireland’s Competitive Start Fund (CSF) is a leader in early-stage funding, offering startups €50,000 in exchange for equity. Coworking spaces such as Dogpatch Labs and the Guinness Enterprise Center along with organizations such as the DCU Ryan Academy demonstrate both the breadth of support for the city’s entrepreneurs, and the collaborative atmosphere that has attracted over 1,200 startups. While Ireland’s small market is a drawback, it forces companies to scale rapidly and makes Dublin a good place to test ideas. However, Ireland’s tax laws regarding early employee stock options, which discourage individuals from leaving their corporate jobs to join a startup, and the punishing capital gains tax (twice as high as the UK) are both significant challenges to growth. And while many are grateful of governmental support, some accuse it of disincentivizing the growth of a vibrant angel community.Full market profile
“Dublin is a city with so many important pillars for startup success. From top grade universities to global tech players mixed with a rich history of innovative individuals, we have the right ingredients to create scaling companies worth investing in.”
"It’s not about having a Silicon Valley attitude, it’s about having an entrepreneurial attitude. It’s about thinking big with entrepreneurs that sit next to you in your coworking space. It’s about collaborating with tech gurus, social media wizards and community leaders. It’s the people that make a community an entrepreneurial one, not the location, and it’s up to you to invest your time, your expertise and your capital.”