In round 3 of the impact purchase, $2600 of certificates were purchased from sellers (and $700 of certificates were repurchased from the impact purchase organizers). Thanks to Larks and Owen Cotton-Barratt, who also purchased certificates this round.
The deadline for round 4 is June 25. If you are interested in selling, apply here (any kind of submission is welcome, and you are free to opt out of public scrutiny). If you have questions, feel free to get in touch or leave a comment here.
The transactions:
- We purchased another 1/70th of Ryan Carey and Brayden McLean's organization of EA Melbourne for $1700 (a price of $119k for the whole thing, significantly higher than in the last round). This money was our $1000 budget plus the $700 we received by reselling old certificates.
- Larks purchased 9.9% of Oliver Habryka's organization of wrap parties, paying us $300 and Oliver $700 (a price of around $10k, somewhat less than we paid)
- Owen purchased 1/3 of Ben Kuhn's donation matching blog post from us for $400 (a price of $1.2k, exactly what we originally paid)
- Owen purchased 0.4% of EA Melbourne for $200 (a price of $50k, much less than what we are paying)
We're going to experiment with starting a comment thread here for each project that was submitted to the impact purchase (where we had permission to start a thread). We'll use these threads to keep track of transactions, and to discuss our evaluations. We invite discussion of the projects, criticism of the evaluations and our decisions, offers to purchase certificates or sell similar certificates, questions, etc.
If you might be interested in purchasing certificates, please send us an email or leave a comment. We can't really make money (our counterparties always receive all of the gains from trade), but we'd love to see a more liquid market for impact in general.
Submission: Gina Stuessy's organization of EA Madison.
EA Madison has had a handful of meetups with an average of 6-7 attendees. Gina has been responsible for most of the organization. The submission covers the organizational work through the end of April 2015.
Our very crude evaluation:
We expect that EA Madison has reached something like 50 person-hours of attention (excluding Gina and Ben), though that could easily be off by a factor of 2 in either direction and we have talked to no one else involved with it.
Our very rough guess for the stimulated donations per hour was around $20. A lot of this comes in the form of general engagement rather than directly in the form of donations. This gives a value of about $1000 of donations stimulated.
We expect it to be possible to make a much less noisy evaluation in the f... (read more)