Tag: Startup company

StartupsTechnology

Western Development Commission’s €100M Investment Fuels Deep Tech Growth in Ireland’s West

The Western Development Commission has reached €100 million in investments through its Western Investment Fund, focusing on deep tech as its strategic priority. Reports indicate the fund has leveraged over €500 million in additional capital while creating approximately 5,000 jobs across the region.

Regional Development Fund Hits Major Investment Milestone

The Western Development Commission (WDC) has reportedly reached a significant financial milestone, with its Western Investment Fund now totaling €100 million in deployed capital across western Ireland. According to sources within the organization, this evergreen fund has become a crucial financial vehicle for regional development, particularly for startup companies and small and medium-sized enterprises in the technology sector.

by Darren Holt
BusinessStartups

Hoffman Urges Founders to Vet Investors Through Critical References

Venture capitalist Reid Hoffman recommends founders thoroughly investigate potential investors by seeking critical feedback. The LinkedIn cofounder reportedly applied this reference-checking method when investing in OpenAI following Elon Musk’s departure.

Investor Due Diligence Goes Both Ways

Prominent venture capitalist and Reid Hoffman is encouraging founders to conduct thorough background checks on him before accepting his investments, according to recent reports. The LinkedIn cofounder reportedly insists that entrepreneurs seek out negative references to understand both his strengths and weaknesses as an investor partner.

by Natalie Brooks