Four years ago, two Swedish students from KTH and from the Stockholm School of Economics launched an idea and a company in 24 hours. Their company press release, dated 14 June 2004 is as follows:
FOR IMMEDIATE RELEASE Berlin, Germany -- June 14, 2004 -- The dotcom days are with us again as Adam Wern and Eric Wahlforss, two students from the Stockholm School of Economics and the Royal Institute of Technology, descended upon the Wizards of OS Conference in Berlin with the aim of creating a dotcom business from scratch in 24 hours.
The two charismatic Swedes succeeded in putting together a multi-disciplinary international team within a few hours, and went on to implement dozomo.com, a revolutionary entrant into the search engine market.
The service, which acts as a meta-search engine, has ambitious plans to take on the incumbent google.com and believes its innovative technology will help it become the market leader within the coming year.
The business is now being auctioned off on eBay as a form of IPO and reached almost $1000 within a few hours and is expected to skyrocket by the time the auction finishes on Tuesday 1700 GMT.
For more information, take a look at http://24hdc.com
Posted by tav at June 14, 2004 07:30 PM
Eric Wahlforss posted a video "documentary" of their entrepreneurial adventure:
See the story!
About Me
- Mary Spaeth
- Associate Professor of International Business at University of Wisconsin-Stout, Mary Spaeth is also a consultant in economic and technology development and educational policy. President of Transmera AB, a small company with no employees, Professor Spaeth has a PhD in Socioeconomics from the University of the West of Scotland (UWS) She has taught at the Tec de Monterrey (ITESM), Royal Institute of Technology in Stockholm, Linkoping University in Sweden, UWS in Scotland, and Loyola University and National Louis Universities in Chicago and Southern Methodist University in Dallas.
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