Edit: The match seems to now be over - the funds were expended in around 35 minutes. But many of these charities are great and should be supported regardless!
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On October 22nd starting at 10:00am Pacific Time, Every.org is matching donations to select animal welfare organizations at a 2:1 rate, up to $2,000 per donor per nonprofit (so if you give up to $2,000, they will contribute up to $4,000 and the nonprofit will get up to $6,000). The first donation a donor makes to each el...
‘Like most of life’s dangers, the dangers of artificial intelligence are not easily identified from the armchair.’
J Dmitri Gallow
Epistemic status
I’m not an expert in this field, and herein I make some sweeping generalisations educated guesses about the overall nature of its contents based on my strong impression from the subset of work that I’ve read. I’ve recently spent maybe 2–300 hours lear...
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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