Co-founder Matt Pohlson is just getting started.


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Matt Pohlson knew that after graduating from business school, he wanted to create a company that would impact the world. Even without a business plan, he passed on a lucrative job offer to pursue his passion.

“When you have $200,000 in debt and you turn down another job, you are scared,” Pohlson says. “But everything you want is on the other side of fear.”

In 2012, he and co-founder Ryan Cummins started Omaze, an online platform that raises money for charity by offering chances to win once-in-a-lifetime experiences.

To date, Omaze has raised over $130 million to support the work of more than 350 charities around the world. The company has supported causes like UNICEF, The Epilepsy Foundation and Kind Campaign, and it’s provided hundreds of celebrity experiences, ranging from singing onstage with Paul McCartney to going behind the scenes at (and even making an appearance in) Star Wars: The Force Awakens.

The company has come a long way since its first campaign: a guest judging slot on Cupcake Wars that netted only $748. Omaze has now

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks.

  • Global cases: More than 3.4 million
  • Global deaths: More than 243,600
  • Most cases reported: United States (more than 1.1 million), Spain (over 216,500), Italy (over 209,300), United Kingdom (over 183,000), France (over 168,500)

The data above was compiled by Johns Hopkins University as of 9:17 a.m. Beijing time. 

All times below are in Beijing time.

7:53 pm: Dutch coronavirus cases up by 335, 69 new deaths

Confirmed coronavirus cases in the Netherlands increased by 335 to 40,471, Dutch health officials said Sunday. Fatalities from the virus rose by 69 to a total of 5,056. Officials say they believe the real rate of infection is higher but that not all potential patients are being tested. 

7:27 pm: Vietnam reports first coronavirus case in nine days

Vietnam reported its first confirmed coronavirus case in nine days on Sunday, bringing its reported positive cases to 271, its health ministry said. Vietnam is said to have implemented strict quarantine and contact tracing measures early on in the course of the pandemic, quarantining towns with suspected cases as

Warren Buffett is reversing course on his airlines bet — again.

The billionaire investor said Berkshire Hathaway Inc. completely exited its stakes in the four major U.S. airlines. The sales of shares of Delta Air Lines Inc., Southwest Airlines Co., American Airlines Group Inc. and United Airlines Holdings Inc. made up most of the company’s $6.5 billion in equity sales in April.

During his live-streamed annual meeting, Buffett said the business has fundamentally changed following the economic fallout from the coronavirus pandemic. He declined to blame the performance of the airline CEOs, adding that he doesn’t envy their jobs, especially in a period like this.

“The world changed for airlines and I wish them well,” Buffett said Saturday in a webcast. He clarified that he made the decision and that he lost money on his investments. “That was my mistake.”

Buffett’s had a complicated relationship with the airline industry over the years. After a troublesome investment in USAir, Buffett joked that he would call an 800 number to declare he was an “air-o-holic” if he ever got the urge to invest in airlines again.

Then in 2016, Berkshire dove into the industry again, amassing stakes in the four largest airlines. …