Flamingo - December 2016 & January 2017

Page 109

Another aspect that makes the Web Summit such a vibrant and extraordinary Fair, is that it is a hybrid between exhibitions, world-renowned speakers, entrepreneurs, and investors looking to invest in the Next Big Thing. A colleague remarked that it resembles a gigantic Dragons Den. Attendees and exhibitionists had access to a staggering

group

of

international

investing companies, governments, and existing companies in their respective fields, to whom to pitch ideas, and seek mentorship, partnerships and investment. More than 1300 of the

paying top dollar to attend. These

world’s most influential technology

figures are testimony to a collective

industry, innovators and people who

investors and leading funds were

perception and belief that the return on

have refused to surrender to the

present there to scout for individuals,

investment potential, by far outweighs

momentum of mediocrity, cannot

ideas and companies in which to invest.

options offered on the side-lines.

miss a future Web Summit. The 2017

There were more than 650 mentoring

Entrepreneurs,

captains

of

Web Summit will again be hosted in

sessions where entrepreneurs and

What happens in Lisbon‌

Lisbon, Portugal, around November

investors offered advice to start-ups. It

The organisers of the Web Summit, did

2017. Tickets are already on sale.

was estimated that over $100 billion of

a sterling job of incorporating business

If you are curious to know what

investable capital was represented at

and pleasure. Knowing full well that

tomorrow will look like, and what the

the Web Summit.

many of the attendees would love to

future holds in terms of innovation

manned

socialise, pub crawls were organised

and technology, the Web Summit is

exhibition spaces to lure investors,

in various neighbourhoods around

the place to visit.

entrepreneurs and start-up companies

Lisbon every night. The pubs, clubs and

In a sense, the Web Summit is

to their respective countries, with

restaurants of entire neighbourhoods

both exciting and sad. Sad in the

offerings

were

sense

Numerous

of

governments

relocation

assistance,

demarcated,

advertised

and

that

many

policymakers

investment, tax breaks and unrivalled

signposted so that attendees could

around the world are still dabbling

networking

Again,

congregate there over drinks, meals and

with

one could see why more than 53,000

music. Thousands upon thousands of

infrastructure patently destined for

attendees from 166 countries saw

exhibitors and attendees attended these

obsolescence very soon; but exciting

value in travelling to Lisbon, and

fantastic pub crawls every evening.

in that many governments recognise

opportunities.

concepts,

technology

and

and encourage these new trends, and actively recruit the people and businesses who are venturing far outside of the proverbial box. For us, the Web Summit was a lifechanging experience. As the saying goes, the only two guarantees in life are death and taxes. The other guarantee is change. At the Web Summit, one gets to peak into the future, and you cannot walk away without a tingling excitement, having brushed against the genie’s lamp.

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