ABSTRACT

Young Estonian entrepreneurs Jürgen Tamm, Jüri Kaljundi and Randel Min established a predecessor of CV Online-Amendion-in November 1996. It began as a traditional recruitment company, mainly helping the founders’ co-students from Tallinn Technical University to fi nd jobs. The fi rm hired two recent graduates in psychology to interview and test jobseekers. In the beginning, the enterprise was not very successful although its services were cheaper than their competitors’: Jürgen Tamm even had to sell his brother’s car (he later got some shares in return) to stay in business. Online services were developed in autumn, 1997, when the company was renamed CV Online.