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A co-founder and majority shareholder in the Web Summit claims a fellow co-founder was involved in secret efforts to set up an investment fund for his own…
David Kelly denies claim by Paddy Cosgrave he established fund under false pretences
David Kelly denies claim by Paddy Cosgrave he established fund under false pretences
Web Summit co-founder branches out with new investment fund Amaranthine managers David Kelly and Patrick Murphy plan $50m Semble Fund II about 3 hours ago The leaders of venture capital fund Amaranthine, in which Web Summit was an investor, are branching out into a new $50 million fund. The men behind the Semble Fund II are Web Summit co-founder David Kelly and Patrick Murphy. The two men remain listed with the US regulator, the Securities and Exchange Commission (SEC), as the only managers of the fund for Amaranthine Partners I, LLC. Web Summit founder Paddy Cosgrave said in a tweet last...