Jarred Snyder is the co-founder of what he calls the first digital philanthropic community dedicated to today's avid sports fans. The platform partners with professional sports teams to create contests and sweepstakes that fans can enter to benefit their charities.
Snyder adds that the company wants to disrupt the sports-watching space, where today, fewer millennials seem to be watching live. Fanthropic's goal is to increase fan involvement in sports by making the experience between fans and teams more personal, while also giving back to as many causes as possible.
Fanthropic is a for-profit company. Eighty percent of proceeds go to the charity at hand. The company works with professional leagues including the NFL, NBA, NHL, and MLB.
Mike Dooley, Co-founder and CEO of Labrador Systems, joins Cheddar News to discuss the company's 'Labrador Retriever' personal robot, aiming to support caregivers and help people with health issues live independently.
Volkswagen U.S. CEO Pablo Di Si joined Cheddar New to discuss record quarterly electric vehicle sales and his reaction to Tesla trimming prices on some vehicles by 20% last week. “We'll continue with our pricing strategy, we're not cutting prices on the vehicle's quality over quantity and product content,” he said.