CEO and Founder of Web Summit Paddy Cosgrave delivers a speech at the opening ceremony of Web Summit at Parque das Nacoes in Lisbon, on November 10, 2025. Web summit will take place from November 10 to 14. (Photo by PATRICIA DE MELO MOREIRA / AFP) (Photo by PATRICIA DE MELO MOREIRA/AFP via Getty Images)

CEO and Founder of Web Summit Paddy Cosgrave delivers a speech at the opening ceremony of Web Summit at Parque das Nacoes in Lisbon, on November 10, 2025. Web summit will take place from November 10 to 14. (Photo by PATRICIA DE MELO MOREIRA / AFP) (Photo by PATRICIA DE MELO MOREIRA/AFP via Getty Images)

CEO and Founder of Web Summit Paddy Cosgrave delivers a speech at the opening ceremony of Web Summit at Parque das Nacoes in Lisbon, on November 10, 2025. Web summit will take place from November 10 to 14. (Photo by PATRICIA DE MELO MOREIRA / AFP) (Photo by PATRICIA DE MELO MOREIRA/AFP via Getty Images)

Portuguese Minister of State Reform Goncalo Matias (L) and Lisbon's Mayor Carlos Moedas (R) cheer during the opening ceremony of Web Summit at Parque das Nacoes in Lisbon, on November 10, 2025. Web summit will take place from November 10 to 14. (Photo by PATRICIA DE MELO MOREIRA / AFP) (Photo by PATRICIA DE MELO MOREIRA/AFP via Getty Images)

CEO and Founder of Web Summit Paddy Cosgrave delivers a speech at the opening ceremony of Web Summit at Parque das Nacoes in Lisbon, on November 10, 2025. Web summit will take place from November 10 to 14. (Photo by PATRICIA DE MELO MOREIRA / AFP) (Photo by PATRICIA DE MELO MOREIRA/AFP via Getty Images)

CEO and Founder of Web Summit Paddy Cosgrave delivers a speech at the opening ceremony of Web Summit at Parque das Nacoes in Lisbon, on November 10, 2025. Web summit will take place from November 10 to 14. (Photo by PATRICIA DE MELO MOREIRA / AFP) (Photo by PATRICIA DE MELO MOREIRA/AFP via Getty Images)

Silhouettes holding flags are pictured at the main stage of the Web Summit during the opening ceremony at Parque das Nacoes in Lisbon, on November 10, 2025. Web summit will take place from November 10 to 14. (Photo by PATRICIA DE MELO MOREIRA / AFP) (Photo by PATRICIA DE MELO MOREIRA/AFP via Getty Images)

CEO and Founder of Web Summit Paddy Cosgrave delivers a speech at the opening ceremony of Web Summit at Parque das Nacoes in Lisbon, on November 10, 2025. Web summit will take place from November 10 to 14. (Photo by PATRICIA DE MELO MOREIRA / AFP) (Photo by PATRICIA DE MELO MOREIRA/AFP via Getty Images)