Web Summit Showdown: Why the three co-founders are heading to court

The High Court is set to hear revealing details on the workings of one of Ireland’s most high profile companies: Web Summit.In a civil trial that is set to last nine weeks, the three former friends who founded the tech events company – Paddy Cosgrave, David Kelly and Daire Hickey – will lay out their grievances against each other.Cosgrave, the better known of the three, has a majority stake in the company with a whopping 81 per cent, Hickey has 7 per cent and Kelly 12 per cent.There are five individual cases to be heard in a civil trial that is expected to last around nine weeks.Catherine Sanz, author of Drama Drives Interest: The Web Summit Story explains the background while Irish Times business reporter Ian Curren tells what dirty laundry might be aired.Presented by Bernice Harrison. Produced by Suzanne Brennan Hosted on Acast. See acast.com/privacy for more information.

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In The News is a daily podcast from The Irish Times that takes a close look at the stories that matter, in Ireland and around the world. Presented by Bernice Harrison and Sorcha Pollak. Hosted on Acast. See acast.com/privacy for more information.