Will Prendergast, a founding partner of Irish venture capital firm Frontline, has predicted a “material slowdown” in all stages of investment in Europe – from seed to stock market. As an early investor in BriteBill, AMCS and Pointy, Prendergast is one of Ireland’s most experienced investors. In an assessment of the current climate, he told a gathering of investors and start-ups at a Scale Ireland event today: “We are going to see a material slowdown in all stages of investment in Europe over the next six months. It has already happened. It is just not hitting the numbers yet.” Prendergast…
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