1.
What does Latvian Startup Association Startin.LV do?
Correct Answer
D. All answers are correct
Explanation
The Latvian Startup Association Startin.LV performs all of the mentioned tasks. They unite the startup community and lobby for their interests, organize events, support their members, and multitask to achieve their goals.
2.
What company can be considered as a first big Latvian Startup?
Correct Answer
C. Mikrotik
Explanation
Mikrotik can be considered as the first big Latvian startup because it is a well-known and successful Latvian company that specializes in networking equipment. It was founded in 1996 and has since grown to become a global player in the industry, with its products being used by businesses and individuals worldwide. Mikrotik's success and impact on the startup ecosystem in Latvia make it a significant and influential company in the country's startup history.
3.
How many investments Latvian startups have raised in year 2017?
Correct Answer
D. 62 million EUR
Explanation
In the year 2017, Latvian startups raised a total of 62 million EUR in investments. This indicates that there was a significant amount of funding that was secured by Latvian startups during that year.
4.
What new accelerators will start their work in Latvia this year?
Correct Answer
C. Commercialization Reactor, Overkill Ventures, Buildit Latvia
Explanation
This year, the new accelerators that will start their work in Latvia are Commercialization Reactor, Overkill Ventures, and Buildit Latvia.
5.
How many attendees were at the very first TechChill conference in the year 2012?
Correct Answer
D. 400
Explanation
In the very first TechChill conference in 2012, there were 400 attendees.
6.
What was the most controversial topic of Digital Freedom Festival 2017?
Correct Answer
B. SexTech
Explanation
The most controversial topic of the Digital Freedom Festival 2017 was SexTech. This suggests that discussions and debates surrounding technology related to sex, such as sex toys, virtual reality pornography, or online platforms for sexual services, were likely to have sparked controversy and disagreement during the festival.
7.
From what country Startup Wise Guys had the most startups in 2018?
Correct Answer
A. Ukraine
Explanation
In 2018, Startup Wise Guys had the most startups from Ukraine. This suggests that Ukraine had a thriving startup ecosystem and attracted a significant number of entrepreneurs and innovative ideas. It is possible that Ukraine provided favorable conditions for startups, such as access to funding, supportive government policies, or a talented pool of tech professionals. This result highlights the potential and growth of the Ukrainian startup scene in 2018.
8.
What is the right way to call the relationship between Baltic countries startup ecosystems?
Correct Answer
B. Three brothers
Explanation
The correct answer is "Three brothers". This analogy suggests that the Baltic countries' startup ecosystems are closely connected and share similarities, just like brothers do. It implies that these countries have a strong bond and work together in their entrepreneurial endeavors, supporting each other's growth and development.
9.
What kind of miracle are startups hoping for?
Correct Answer
B. Business Angels
Explanation
Startups are hoping for the miracle of "Business Angels". Business angels are individuals who provide financial support and mentorship to early-stage startups. They invest their own money in exchange for equity in the company and also offer their expertise and network to help the startup grow and succeed. Startups rely on business angels to provide the necessary funding and guidance to navigate the challenges of starting and scaling a business.
10.
The cornerstone that unites any startup ecosystem?
Correct Answer
D. All of them above
Explanation
The correct answer is "All of them above." This answer suggests that the cornerstone that unites any startup ecosystem includes overcoming all challenges together, having the same values and long-term goals, as well as enjoying beer and pizza. This implies that a successful startup ecosystem requires a combination of collaboration, shared values, and a sense of camaraderie among its members.