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Masters of Scale - Reid Hoffman: DonorsChoose’s Charles Best | nextbigwhat

 1 year ago
source link: https://nextbigwhat.com/ideas/masters-of-scale-reid-hoffman-donorschooses-charles-best
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The founding of donors choose: how one teacher's idea became a nation-wide crowdfunding platform

  • Charles Best, founder and CEO of DonorsChoose, created the world's first online crowdfunding platform to help public school teachers get funding and supplies for their classrooms.
  • He got the idea when he was a first-year history teacher in the Bronx, spending his own money on school supplies and photocopying pages of Little House on the Prairie for his students.
  • Best realized that other teachers were also struggling to get extra resources for their students, leading to the creation of DonorsChoose. This crowdfunding concept was not entirely new, as Joseph Pulitzer used his newspaper to crowdfund the installation of the Statue of Liberty in 1885.
  • DonorsChoose has grown to fund thousands of projects in all 50 states, including their recent Coronavirus Relief Fund.

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