kristapsmors

You are right about Latvia tech start-up community - before 2012 we had only 1 monthly meetup group, and only later TechHub Riga - a co-working space for start-ups was launched, and now it is expanding, and other places are being opened as well. So basically the start-up community is active here for about 3 years.

Thank you for the tips.

It is a service for e-commerce sites that helps increase conversion rates by showing engaging messages/banners when visitors are about to leave.

Thanks! In the beginning I had no experience and ambitions, and did not even think that Latvia could be too small, but since 2012 all new ideas/projects are built with larger markets in mind.

Exactly!

I agree with this 100%, I started as a developer myself, so it took a while for me to change attitude about "build first, think later" approach.

I guess this is a matter of perspective, couple of years ago $250k looked like success to me if you take into account that salary for a developer in Latvia was about 1,5k usd per month, and the profit was split 3 ways. And actually I see getgamers.eu (ad network for gaming sites, profitable since Jan 2013) and maxtraffic.com (1.2 years old, will be profitable next month) as my success, both are still active and growing, but did not mention these in the blog post because they have not failed.

Thanks for the comment! My favorite so far :) And partly true as well.