The election of Donald Trump was greeted with shock, disbelief and some anger by many of the tech industry delegates attending Web Summit in Lisbon.

Speaking to RTÉ News, Alexis Ohanian, co-founder of Reddit, said he was still trying to process it all.

"I think going forward it will be really important that the US comes together as one country," he said.

"We are at our best when we are all working together and this was a really divisive election campaign."

Mr Ohanian said he thought it was too early to tell what impact the election would have on the tech industry.

"I will say this though, what makes our tech industry so formidable and I'd say our country so formidable is that we want to be the best in the world," he said.

"The thinking is ambitious and courageous. It is not isolationist. So I think the more global of a mindset we have as a nation the stronger we are going to be and I think it will be interesting to see how strongly the rhetoric of Donald Trump matches his campaign."

Speaking in a personal capacity, Shawn Layden, the chairman of Worldwide Studios, Sony Interactive Entertainment, who is responsible for the Playstation suite of products, said he found the results to be unfortunate and uncomfortable.

He added that we would have to wait and see what it means.

Billy Alvarado, Chief Business Officer of Stripe - the billion dollar online payments firm started by Irish brothers Patrick and John Collison, said the news was shocking.

He said there was a lot of uncertainty and it remains to be seen how it plays out.

Mr Alvarado said from a personal and Stripe perspective it was a call to action as they are passionate about transforming the internet into a platform for economic progress.

As part of that they want to try to promote entrepreneurship and help start-ups all over the world, and that's a mission that transcends any administration or country boundaries.

However, one well known entrepreneur and venture capitalist was unable to disguise his anger at the news.

In an emotion filled outburst on centre stage at Web Summit, Dave McClure from 500 Startups said the election was a travesty and people should not act like nothing had happened.

"We were robbed, we were raped, we were lied, we were stolen from," he said before employing attendees to stand up and make a difference.