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This post is co-authored with Ben Garfinkel. It is cross-posted from the CEA blog. A PDF version can be found here.
Summary: Some strategic decisions available to the effective altruism m...
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TL;DR: I'm releasing a website that ranks philanthropists according to EA principles and research, and allows users to re-rank the list using their own assumptions. I'd like feedback and help making it better. I'd especially like ideas for how to make the results more trustworthy. Funding may be available.
Crossposted to LessWrong.
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(Please share with your friends in the Netherlands).
On August 5, in Amsterdam in the Netherlands, there’s a protest that could help shut down the world’s largest insect farm. It’s at Teleportboulevard 105 1043 EJ Amsterdam, Netherlands. Read more at this link. There’s also a zoom call on Wednesday 29th July at 12:30pm (CEST) with more info. This...
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Hi everyone, I am Jia, co-founder of Shamiri Health, an affordable mental health start-up in Kenya. I am thinking of writing up something on the DALY cost-effectiveness of investing in our company. I am very new to the community, and I wonder if I can solicit some suggestions on what is a good framework to use to evaluate the cost-effectiveness of impact investment into Healthcare companies.
I think there could be two ways to go about this: 1) take an investment amount, and using some cashflow modeling, we can figure out how many users we can reach with that investment and calculate based on the largest user base we can reach, with the investment amount; or 2) we can do a comparative analysis with another more mature company in a different country, and use its % of population reach as our "terminal impact reach". Then, use that terminal user base as the base of the calculation.
The first approach is no doubt more conservative, but the latter, in my opinion, is the true impact counterfactual. Without the investment, we will likely not be able to raise enough funding since our TAM is not particularly attractive for non-impact investors. The challenge to using the latter is the "likelihood of success" of us carrying out the plan to reach our terminal user base. How would you go about this "likelihood number"? I would think it varies case by case, and one should factor in the team, the business model, the user goal, and the market, which is closer to venture capital's model of evaluating companies. What is the average number for impact ventures to succeed?
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