From Latvia With Data Visualization

Mikko JärvenpääCOO, Infogr.amFebruary 23 2015

European Entrepreneurship & Innovation @ Stanford

Engineering

Mikko Järvenpäämikko@infogr.am

@mhj

@mhj

@mhj

Create infographics

3 years

1.6 million registered users

2.5 million infographics created

100,000 hours, or4,167 days, or11.5 years total of humanity’s time

@mhj

Team of ~40 peopleRīga and San FranciscoRaised ~$2m total

Key market segments Media & Publishing, Content Marketing, Enterprise, Education

@mhj

Latvia@mhj

Latvia and Rīga in numbers• Population 750k / 2m• GDP (PPP) $25,200/c• SF vs Rīga:

• 87% lower rent in Rīga• 66% lower total cost of living• 60% lower Purchasing Power• 4th fastest internet in the world

Universities and talent pool• Main schools: Rīga Technical U and

University Latvia: 35,000 students combined

Co-working Support

Interesting tech companies in Latvia• Ask.fm: acquired by Ask.com• Airdog: $1.4m on Kickstarter• Froont: responsive site designer• Sellfy: digital product sales• Mikrotik: established 1995• Forticom: social networks (DST)• And yes, Infogr.am

Punching Above Your Weight

Some thoughts for Latvia’s competitiveness

Thanks.Mikko Järvenpäämikko@infogr.am

@mhj