From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

#BoycottWebsummit unless you hate free speech and love Hamas butchering Jews & PR car crashes

By Tom Winnifrith | Tuesday 7 November 2023


 


Web Summit was founded in 2009 by Irishman Paddy Cosgrove and has grown to be the world’s biggest conference for folks involved in technology and the internet and a place where ideas are exchanged freely in a spirit of tolerance. That changed on October 7 when the world woke up to the horrors of the Hamas pogrom in Israel, the worst slaughter of Jews in one day since 1945. A company Cosgrove controls tweeted out a Palestinian flag on that day. It got worse.

Cosgrove tweeted out a series of messages in the following days and weeks expressing outrage at the Israeli response to October 7 but only folks started to kick up a fuss did he belatedly express any sympathy at all for the pogrom.

As the howls of protest grew Cosgrove stood defiant and boasted that his stance had been a net winner of business of sponsors for Web Summit.

But not only was there a mass boycott of Web Summit by companies based in the tech hub of Israel and by Jews abroad but big names like Google also pulled out of the forthcoming event in Lisbon on 13 November in protest and disgust.

And thus Cosgrove resigned and issued a weasel word apology apologizing not for what he had tweeted but to those who might have been offended by what he tweeted. This was a non apology and since he remains the largest shareholder in Web Summit his resignation changes little. He clearly has power within the organization and benefits personally from its success.

And an indication of that came when an Israeli entrepreneur and long time opponent of the Likud Government, a “tolerant lefty” called Ran Harnevo posted a superb 4 minutes 30 second video covering both the October 7 atrocity in rather upsetting detail but also the responses by Cosgrave which were revolting when seen in context. But you cannot see that video.

For 20 seconds of the video contained clips from Web Summit PR videos which it aggressively pushes and promotes across the interweb. And thus the video from @harnevo was removed from all social media channels as lawyers for Web Summit claimed copywrite breach.

Technically, I suspect they are right but in the spirit of free speech which made Web Summit so popular they now seems to be draconian protectors of Cosgrove and that, plus the revelation that Web Summit’s biggest sponsor is the State of Qatar which is also the biggest financial sponsor of Hamas, has seen even more folks turn away from Web Summit in revulsion.

Harnevo now promises to release a new video as Web Summit opens in Lisbon, which is just like the old one but removes any image which might be protected by copywrite so ensuring that the PR car crash gets worse. The Streisand effect means that this video will be watched by many more folks than watched the first one.

It is hard to see where Web Summit goes from here. I suspect that there will be many within the industry who will want nothing whatsoever to do with both the summit itself but also with anyone daft enough to sponsor it going forward.

And while the revolting apologist for the worst pogrom since 1945, Cosgrove, is seen to gain financially from the success of Web Summit, it is simply toxic. How can anyone in the industry support a conference dedicated to free speech which seeks to crush dissenting voices in this way?


You may say that if I believe in free speech I should support Cosgrove’s right to spew bile. But as I noted the other day as I explained HERE why the Islamists and useful idiot snowflakes should be allowed to March on Armistice Day, there need to be limits, as Mill explained in On Liberty. Cosgrove can say what he wishes, but equally all decent folks can, and should, choose to boycott any business associated with him. 
This story is available to all readers
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:


Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

Clown

Which PR genius wrote this?

 

HAT

H&T Group – now again a Buy

Time left: 04:25:05