EP100: The fundraising platform that's raised over $150M for charity - Omaze
Background
Omaze started as an idea that co-founders Matt and Ryan had after they didn’t win a dream experience at an auction: dinner with Magic Johnson and courtside seats at a Laker game. The auction started and Matt and Ryan were quickly outbid. They wondered, “Why should life’s most amazing experiences only go to the rich? And how could that incredible prize only raise $15,000 for such a great cause?”
Enter Omaze - a new fundraising platform that enables people to donate as little as $1 for a chance to win once-in-a-lifetime prizes.
Episode Brief
Omaze Founder Matt Pohlson joins Peter on this week’s episode to discuss:
Magic Johnson and the company’s eureka moment
How Omaze raises ~10x more than traditional fundraisers
The risk analyses they do before paying upfront for the prizes
His near-death experience
Raising over $150M for charity
Credits
HOST
Peter Levin
PRODUCTION
Dan Mahoney
MUSIC
Eddie Knuckles