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.
The U.S rushed to seize the assets of Silicon Valley Bank after a run on the bank, the largest failure of a financial institution since Washington Mutual during the height of the financial crisis more than a decade ago.
Hackers have broken into a Washington, D.C. health insurance marketplace and stolen sensitive personal data including Social Security numbers and home addresses of members of Congress, their employees and family members.