A Legacy Concludes:
In an unexpected turn of events, The Next Web (TNW) has announced it will be winding down its renowned tech events and media operations by the end of September. This decision marks the conclusion of nearly two decades of pioneering efforts, leaving a significant impact on Europe’s tech landscape. As stated in BeBeez International, the Amsterdam-based company has been a beacon of innovation, renowned for its significant contributions to the tech community.
Pioneering Beginnings:
Founded in 2006, TNW started as a small tech conference in an Amsterdam church. Co-founders Boris Veldhuijzen van Zanten and Patrick de Laive could not have imagined that it would grow to accommodate over 17,500 participants by 2019. Their journey began during a critical digital transition period, allowing TNW to not only witness but also catalyze Europe’s tech evolution.
A Shift in Purpose:
Boris Veldhuijzen van Zanten recounted to EU-Startups the thrill of participating in the digital revolution. As the industry matured, TNW’s focus shifted from pioneering new trends to celebrating established achievements. With these milestones in retrospect, the organization transitions with pride, closing a chapter on a high note.
Post-Pandemic Challenges:
Significant shifts in attendance patterns — from 10,000 attendees pre-pandemic to 4,500 this year — hinted at changes within the event landscape. Despite efforts to adapt to a digital format during the pandemic, the post-pandemic reality has been challenging for tech events globally. Amid declining numbers and staff changes, TNW’s strategic closure was not entirely unforeseen.
Future of European Tech:
As TNW bows out, the European startup scene is left to navigate new opportunities and challenges. The Next Web’s departure underscores a moment of reflection for tech communities across Europe. As TNW departs, it leaves behind a legacy that has inspired countless startups and will continue to influence the community it so passionately served.
In the broader context, these changes signify not only an ending but also the dawn of new dynamics in Europe’s tech ecosystem. In the midst of adversity, innovation perpetuates and evolves, and new opportunities will undoubtedly arise, echoing the spirit of TNW for years to come.