Web Summit 2014 - The Verdict
It has now been a week since we at Etsuri attended the Web Summit in Dublin. As we wrote in our previous post reviewing TechCrunch Disrupt in London we decided that we would tell you all about the Web Summit as well. Rather than immediately write a reactionary review on our time there we though it best to wait a little bit to see what we truly gained (and lost) by attending.
The Costs
Again we will look at the costs. We got a place at ALPHA which meant that our tickets were considerable cheaper than they would be otherwise, with the price being just shy of £1,1200. This of course does not include the flights to Dublin from London which with Ryanair cost us around an additional £50. The most expensive cost in the end was accommodation. Hotels and even Airbnb (which we ended up using) took the opportunity to raise prices by up to 600%! We ended up at a rather fortunate location 20 minute walk from the summit itself but did cost us £422. The total cost with the added travel and food costs meant we spent around £1,800 total. For us quite a hefty sum, so do think financially is there something better you can or should spend it on.
The Summit
The Web Summit is massive. It is at least 10 times larger than TechCrunch Disrupt, with approximately 20,000–22,000 people attending. However, this was split over three separate venues about a 10 minute walk from each other. As it is so spread out it is in fact quite easy to not meet as many people as one would expect unless one seeks them out.
We exhibited on the second day (fortunately as you will read about later) and were put on the side with all other news startups. While we were almost next to the centre stage we were quite a bit away from everyone else. The downside was less people would pass us but the ones who came tended to actually be interested.
Web summit was, in the same way as TechCrunch was, hundreds of startups trying to sell themselves. While we had less space than the last exhibition we had enough and the startups around us all accommodated each other well and the atmosphere was good between us.
Again we got very favourable feedback from everyone we spoke to although it was less people. We were happy enough to also have one person who very intelligently questioned our product critically, and gave us far more feedback than many other polite comments. Unlike TechCrunch we spoke to far less people from the media and they were harder to find.
Problems
The biggest issue of them all was the severe lack of reliable wifi. Those unlucky enough to exhibit on the first day often found themselves without any internet whatsoever — obviously crucial for hundreds of the companies there. The fact that it had already been a problem the previous year makes it even more incomprehensible that they would allow any such risk to happen. The second day was much better, but two of our phones had to rely on roaming and a shared wifi hotspot in order to work.
The Good Things
Due to the vast amount of people you are bound to find the people you need as long as you do a bit of work yourself to find them. From other budding startups to more established companies to the press and investors and mentors you will find all types of people here.
The presentations compared to TechCrunch were of a far higher quality. Considering the amount Web Summit had (at least 300 although I admit I did not count) there were bound to be some exellent ones and we were fortunate not too see any that weren’t up to par. The sheer magnitude of presentations though means it is impossible to see all the ones you want and the downside is also that they were all rather short. The presentations were usually between 15–25 minutes and often we would wish for more. To the speakers’ credit none that we saw seemed rushed and were well prepared.
The event was also very well organised (at the event itself) and even though it was quite a walk to get the food it was of a very high quality. It’s just a shame there was not more of it.
Overall
TechCrunch gave us the opportunity to get in touch with several investors and also journalists interested in writing about us. It remains to be seen how far we will get those that we got in touch with at the Web Summit and will probably take a few days longer as it did with TechCrunch.
It has been a very good learning experience and we met several interesting people that we can definitely work with in the future. Whether it was actually work it financially and time-wise is another matter. The financials we discussed in the previous post, but time is also very important. Ultimately the Web Summit took about a week out of our ‘normal’ lives but more importantly the rush to get development ready for these two events may not have been worth it. The time could have better been spent properly working on deeper development and creating something more complete rather than making sure what we have is presentable but not to the high quality standard we strive for. Many will not have this problem but many others also might. If your product will not be ready or you think it might be cutting it too close you may want to rethink attending such an event. The added stress and time used of having something to show may not be worth it.
Advice for future attendees
Some simple advice for possible future attendees:
Have your product ready with several weeks buffer time just in case. It may seem like common sense but many still work the night before just to get it ready.
Do not attend alone! It will exhaust you and you will need someone manning the stand and another to walk around, network, speak to people, get food and just take a break.
Never rely on provided internet connection! Always have a back-up and a back-up to the back-up (our first back-up connection did not work until the night after exhibiting). If you can make sure you have an offline demo that can be presented.
Get out there! Don’t rely on people coming to you — make the effort of due diligence, know who you want to approach and find them if you can. These events are not cheap but if you put the work in it will be worth it.












