Y Combinator-Backed Prizeo Helps Celebrities Tap Their Fans For Charity Fundraising

Prizeo is a startup aiming to channel celebrities' social media influence into funding for charity. Co-founders Bryan Baum and Leo Seigal are familiar with the fundraising world, having founded the Aloysius Society, a student philanthropy organization, while at Oxford. (That's also where they met their co-founder and CTO Andrej Pancik.) They say the group raised more than $1 million at its charity events, but Baum argued that ultimately, the model was "not scalable."

Source: http://feedproxy.google.com/~r/Techcrunch/~3/UgIGAsC-4_w/

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