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“I love Lisbon, but there are other cities.” Cosgrave fosters mystery about Web Summit maintenance

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 05/11/2026, 15:56:24 UTC.

Briefings

Paddy Cosgrave, CEO of Web Summit, announced in November 2026 that the event will continue hosting in Lisbon through 2038, extending the current contract. He emphasized Lisbon as a 'second home' and noted other European cities will host the event this year. The conference, founded in 2009, focuses on emerging technologies, marketing, and venture capital, with EY reporting a €250 million annual economic impact since moving to Lisbon in 2016.

Key points

• Paddy Cosgrave, CEO of Web Summit, confirmed the event will continue in Lisbon through 2038, extending the current contract beyond the 2028 deadline.
• The conference, founded in 2009, focuses on emerging technologies, marketing, and venture capital, with EY reporting a €250 million annual economic impact since moving to Lisbon in 2016.

Context

Web Summit is an annual technology conference held in Lisbon, Portugal, founded in 2009 by Paddy Cosgrave. The event has shifted from Dublin to Lisbon in 2016 and is currently set to run through 2038, with other European cities also hosting this year.

Limitations

Evidence is limited to a single article from November 2026. Specific details about negotiation processes, exact financial figures beyond EY's report, and future hosting plans beyond 2038 are not fully detailed.

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