The collapse in global share prices continued this week. Everyone is now feeling the impact of falling stock markets, from Roman Ambramovich to Ryanair’s Michael O’ Leary. The ISEQ index is now at an 11 year low.
This week we started looking at Enterprise and Entrepreneurs. While Richard Branson is an example of a classic entrepreneur, there are other such as EasyJet founder Stelios Haji-Ioannou. His easyGroup now has a range of businesses from an airline to van rental.
A good example of a successful global online Irish enterprise was PollDaddy.com whose polls we have used on this blog before. Today, Polldaddy.com was taken over by US company Automattic, the company behind WordPress.com and WordPress.org
PollDaddy.com had built up 350,000 customers in a short space of time and with no sales effort. 96% of its customers used its free online poll service. The business was also self-funded. Full report here.