Dave Portnoy, founder of Barstool Sports, says he is ‘encouraged’ by those who donated to the cause and added that ‘hopefully this is just the beginning’.
Husband and wife Pete and Burson Snyder, who set up the 30-day fund to help communities and small businesses, pledged $ 1 million to The Barstool Fund on Thursday if the fundraiser reached $ 14 million at midnight on New Year’s Eve.
Dave Portnoy, founder of media company Barstool Sports, raised $ 13.3 million for 50 small businesses through The Barstool Fund as of Thursday afternoon.
BARSTOOL’S DAVE PORTNOY COLLECTS $ 13.3 MILLION FOR 50 SMALL BUSINESSES – AND TEL
“BREAK: Co-founders of Pete and Burson Snyder of 30 Day Fund Promise to Donate $ 1 Million to #barstoolfund if we can hit 14 million by midnight. We currently stand at 12.7 million, “Portnoy tweeted on Thursday, adding that the Synders’ contribution would bring the total donations from the fund to $ 15 million.
Portnoy launched the fundraising effort, using the 30-day fund’s open source technology, for small businesses affected by COVID-19 earlier in December and contributed $ 500,000 of its own money to the fund.
BARSTOOL’S DAVE PORTNOY APPLIES $ 500K FUND TO SUPPORT SMALL BUSINESSES PER PANDEMY
The sports media personality, who was voiced amid controversial comments on his podcast, made direct contact with millionaire entrepreneurs and athletes on social media to ask them to donate to the fund.
Portnoy also posted videos of his interactions with business owners who become tearful when he informs them that their applications for donations have been accepted by The Barstool Fund.
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Businesses can submit stories to [email protected] to be considered for the fund.