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Dave Portnoy, founder of Barstool Sports, said he was “encouraged” by those who have donated to the cause, adding that “I hope this is just the beginning”.
Husband and wife Pete and Burson Snyder, who founded the nonprofit 30 Day Fund to help communities and small businesses, pledged $ 1 million to the Barstool Fund on Thursday if the fundraising effort reaches 14 million dollars at midnight on New Years Eve.
Dave Portnoy, founder of media company Barstool Sports, raised $ 13.3 million for 50 small businesses through the Barstool Fund on Thursday afternoon.
BARSTOOL’S DAVE PORTNOY RAISES $ 13.3 MILLION FOR 50 SMALL BUSINESSES – AND ACCOUNT
BREAKING: Pete and Burson Snyder, co-founders of the 30 Day Fund, pledged to donate $ 1 million to #barstoolfund if we can reach 14 million by midnight. We’re at 12.7 million right now, ”Portnoy tweeted Thursday, adding that the Synders contribution would bring the fund’s total donations to $ 15 million.
Portnoy launched the fundraising effort, using open source technology from the 30 Day Fund, for small businesses affected by COVID-19 earlier in December and contributed $ 500,000 of his own money to the fund.
BARSTOOL’S DAVE PORTNOY LAUNCHES $ 500,000 FUND TO HELP SMALL BUSINESSES REACH BY PANDEMIC
The sports media personality, who has been criticized for the controversial comments on his podcast, has reached out directly to entrepreneurs and millionaire athletes on social media to ask them to donate to the fund.
Portnoy has also posted videos of his interactions with business owners who become tearful when he informs them that their requests to receive donations through the Barstool Fund have been accepted.
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Companies can submit stories to [email protected] to be considered for the fund.
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