Archive for August 14th, 2009
1.6 billion dollars of Irish Technology Exits since 2000
Chris Horn was looking for information on technology company exits since 2000. I had some data and with the help of some twitter buddies I grabbed a bunch of others last night.
Some of the numbers are in Euros (very few) and some exits are undisclosed so we can say with some degree of certainty that the the total exit values are,
That sounds like a lot of money (well it used to until our developers and banks blew 90bn) but we need to factor in a few other things get a proper understanding of whether this represents a real return on investment.
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How much was invested (we could probably total EI and IVCA figures to get this number)
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How much employment was generated (this represents tax income to the exchequer and economic activity)
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How many are still employing people in Ireland today
Only when we have this data will we understand the true meaning of the 1.6bn USD.
Incidentally most of the data was retrieved from the excellent Thomas Crosbie Holdings Archives. I recommend site specific searching of this archive use the google site directive. For example to find stuff on Iona,
site:http://archives.tcm.ie/ iona
I have been tagging and information I find with the delicious.com tag #irishexits. Can I suggest anyone else looking do the same.
