Web Summit will decide compensations "case by case"

Paddy Cosgrave, leader of the Web Summit, acknowledged the government's decision to cancel the event due to severe weather was correct. He expressed discomfort regarding the venue's conditions and mentioned the need for improvements. While discussing potential compensation for participants, he stated that the organization would address situations individually. Some startups have already been offered exhibition space for the 2027 event as compensation. Cosgrave has yet to assess the financial impact of the cancellation but noted that local hotels and restaurants benefited from the situation, as the city was busier than usual during the event's downtime.