Unenterprising Ireland (correction!)

17Oct07

There’s something about my personal makeup that results in me feeling very stupid when I get something wrong. And it turns out that I did just that with yesterday’s posting about EI and Auctomatic.

Both Damien Mulley and Patrick Collison were good enough to comment on my post and correct me. You can read the comments but this is what Patrick had to say:

What Damien says is right; EI never actually turned us down. We got sick of the effort required to get anywhere with EI, and also realized that the deals they offered to those they funded are very poor. YC are a far better deal.

EI didn’t pass on Auctomatic – it was the other way around. I based my comment on something I read in a sunday paper a few months ago but after a recent clean-out of the house¹ I wasn’t able to find it while writing the post last night.

So my apologies to all concerned but I think the substance of what I wrote, partly based on experience, still holds true and EI seem to be doing a poor job of fostering young talented Irish tech entrepeneurs.

– Fintan

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1 – It’s up for sale if you’re interested….

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