Wishing you the happiest of holidays from the entire Eka team ❄️
Here are the answers to our Impact quiz last week which you can find here.
Impact quiz answers 🗞️
⏰ Impact in Review 2023
1. What was the total amount of venture capital raised by impact startups in 2023, and how did it compare to 2021-2022 levels (Dealroom)?
Correct Answer: B) $41 billion, down 36%
2. What is the total sum enterprise valuation of impact startups as of 2023 (Dealroom)?
Correct Answer: B) $2 trillion
🌵 Consumerisation of Climate Series
3. What is the key difference between linear consumption and circular consumption?
Correct Answer: B) Circular consumption keeps goods in circulation through resale, rental, and recycling, while linear consumption discards goods after use.
4. What strategy did eBay implement in response to competition from other platforms like Vinted?
Correct Answer: C) Reduced seller fees for listed items
💊 Consumerisation of Health Series
5. What is the primary goal of Neko Health's approach to healthcare?
Correct Answer: B) Enable early diagnosis for better health outcomes at a lower cost
6. Which well-known tech entrepreneur is one of the co-founders of Neko Health?
Correct Answer: B) Daniel Ek
🛣️ Distance Travelled
7. What is the primary focus of the "distance travelled" framework mentioned in the newsletter?
Correct Answer: B) Assessing how far someone has come relative to their starting point
8. Which of the following is an example of "position" as described by Jeff Lawson in "Ask Your Developer"?
Correct Answer: B) Having attended a prestigious university and worked at a high-profile firm
🎉 Top Post: Carbon Cost of Compute
9. What percentage of global electricity demand was consumed by data centers, AI, and cryptocurrencies in 2022?
Correct Answer: B) 2%
10. Which company was cited in the newsletter as having experienced a 30% increase in environmental impact due to AI expansion despite its commitment to becoming carbon negative?
Correct Answer: C) Microsoft
❄️❄️❄️ Happy holidays all ❄️❄️❄️
✍🏽 Week in Impact Articles
Monday: Big Food Hit with First-of-A-Kind Lawsuit for Marketing ‘Addictive’ Ultra-Processed Products to Kids
Tuesday: Pricing software adds billions to rental costs, White House says
Thursday: The AI Services Wave: Lessons from Palantir in The New Age of AI
Friday: FT's energy source newsletter recap
📊 3 Key Charts
1. 67% of the world now uses to the internet, up from 16% two decades ago.
2. Carbon intensity on the grid is just a matter of time (original data here)
3. European storage capacity is expected to increase from 17 GWh to 22 GWh (driven by utility which is up 2x)
👋 Getting in Touch
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