The 48-Hour Startup
Jevgenijs Kazanins walked into a business school in Riga, Latvia, one Friday night in March with a problem: how to determine whether publicity campaigns on Facebook were getting results. Two days later the 29-year-old media planner left as the founder of a startup that could measure the clicks, customer conversions, and revenue coming from fan pages on the social-networking service. Clients of the company, now called Campalyst, include Danish brewer Carlsberg, low-cost airline Blue1, and Finnish ad agency Zeeland Group.
Kazanins created the company at Garage48, a series of weekend boot camps founded by entrepreneurs from neighboring Estonia. About 100 participants pay €25 ($35) each to spend the weekend choosing teams, brainstorming ideas, and building applications. By Sunday night the teams have working demos ready to pitch to venture capitalists.
