Depression Charles interrupted Web Summit but CEO says Lisbon "benefited twice"

The Web Summit's second day was canceled due to Storm Charles, but CEO Paddy Cosgrave supports the government's decision, stating that Lisbon benefited from the situation. He noted that hotels likely saw increased business as attendees explored the city instead of the event venue. Cosgrave praised the government's proactive measures regarding safety and acknowledged the need for case-by-case evaluations for potential compensations to startups and ticket holders affected by the cancellation.