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Inside story: How Web Summit’s week of woe led to Paddy Cosgrave’s resignation

The tech conference co-founder fell on his sword after an outburst against Israel that prompted Big Tech companies and big names to withdraw from Lisbon summit

Paddy Cosgrave, chief executive and founder, Web Summit, apologised for his controversial message but the financial and reputational damage to the event could be significant

When Paddy Cosgrave hit send on one of his frequent tweets last weekend, he could scarcely have envisaged the controversy it would stoke and the damage it would inflict on his perennially successful tech conference.

The last week has been a tortuous one for the co-founder and chief executive of Web Summit, who tendered his resignation yesterday with “immediate effect”.

In his statement, he said: “Unfortunately, my personal comments have become a distraction from the ...