3 ms·
Is this going to hurt the (currently thriving) tech/startup scene in Ireland?
by grinnick 13y ago
Is this going to hurt the (currently thriving) tech/startup scene in Ireland?
- patrickk 13y agoI would say having the big tech giants in Ireland has virtually no impact whatsoever on the Irish tech scene. There doesn't seem to be any movement of staff from tech giants to startups for example, or any investments by tech giants in Irish startups. Israel is way more successful at the latter, also at achieving acquisitions by major US tech companies. Disclaimer: I live in Ireland, and have worked in a startup and interned in Apple.
- hopeless 13y agoYep, totally agree. There's almost no interaction between the big tech multi-nationals and local tech scene. This is mostly because the large "tech" companies mostly employ finance, sales, support and logistical staff in Ireland rather than the raw technical talent of the "startup" scene
- rsynnott 13y agoProbably not. As noted in the article, it just requires them to proxy to a company in a tax haven (Bermuda etc) instead of to a company with no domicile. Ireland is still required as part of the loop.