Do You Want To Be Latvian Startup EcoSystem Superhero?

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  • 1/10 Questions

    The cornerstone that unites any startup ecosystem?

    • Overcoming all challenges together
    • Having the same values and long-term goals
    • Beer and pizza
    • All of them above
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About This Quiz

This quiz tests your knowledge of the Latvian startup ecosystem, including key organizations, historical startups, investment insights, and notable events. It's designed for those looking to engage deeply with Latvia's entrepreneurial landscape.

Do You Want To Be Latvian Startup Ecosystem Superhero? - Quiz

Quiz Preview

  • 2. 

    What does Latvian Startup Association Startin.LV do? 

    • Unite startup community and lobby their interests

    • Organize events and support its members

    • Multitasks their ass off

    • All answers are correct

    Correct Answer
    A. 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.

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  • 3. 

    What new accelerators will start their work in Latvia this year?

    • Commercialization Reactor, Buildit Latvia, Killing it Softly Ventures

    • Buildit Uganda, Overkill Ventures, Commercialization Reactor

    • Commercialization Reactor, Overkill Ventures, Buildit Latvia

    • Comercialization Predator, Nokill Ventures, Makeit Latvia

    Correct Answer
    A. 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.

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  • 4. 

    How many attendees were at the very first TechChill conference in the year 2012? 

    • 1500

    • 800

    • 10

    • 400

    Correct Answer
    A. 400
    Explanation
    In the very first TechChill conference in 2012, there were 400 attendees.

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  • 5. 

    What company can be considered as a first big Latvian Startup?

    • Stenders

    • Liepajas Metalurgs

    • Mikrotik

    • Latvenergo

    Correct Answer
    A. 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.

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  • 6. 

    How many investments Latvian startups have raised in year 2017?

    • Not enough

    • 150 million EUR

    • 34 million EUR

    • 62 million EUR

    Correct Answer
    A. 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.

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  • 7. 

    From what country Startup Wise Guys had the most startups in 2018?

    • Ukraine

    • Finland

    • Cuba

    • Spain

    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.

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  • 8. 

    What kind of miracle are startups hoping for?

    • Mother Knowledge

    • Business Angels

    • Holly Developers

    • Pure CapTable

    Correct Answer
    A. 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.

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  • 9. 

    What was the most controversial topic of Digital Freedom Festival 2017?

    • SpaceTech

    • SexTech

    • VeganTech

    • CryptoTech

    Correct Answer
    A. 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.

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  • 10. 

    What is the right way to call the relationship between Baltic countries startup ecosystems?

    • Three piglets

    • Three brothers

    • Three stepsisters

    • Powerpuff girls

    Correct Answer
    A. 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.

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  • Current Version
  • Apr 28, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Jun 12, 2018
    Quiz Created by
    Info
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