Omaze: A Unicorn Business Built by Giving Away Millions to People & Charity
Jan 28, 2025
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Matthew Pohlson, co-founder and CEO of Omaze, has transformed the business landscape with innovative fundraising tactics, raising over $300 million for charity through unique prize giveaways. He shares how he convinced the Pope to sell his Lamborghini and orchestrated a space trip with Richard Branson. Pohlson’s near-death experience deepened his leadership and empathy, guiding him through the challenges of blending profit with purpose, while leveraging celebrity engagements to amplify charitable impact.
Matthew Pohlson's innovative approach with Omaze demonstrates that combining entertainment and philanthropy can effectively raise substantial funds for charities.
A near-death experience profoundly transformed Pohlson's leadership style, emphasizing the importance of love and connection in business and life.
Storytelling is crucial to Omaze’s success, as it captivates audiences and builds a sense of purpose and engagement among participants.
Deep dives
Transforming Currency Management
Managing international money can be complex and stressful, but Wise Business simplifies this process significantly. The account allows users to hold multiple currencies and convert funds only when exchange rates are favorable. This eliminates the pressure to rush exchanges at unfavorable rates and reduces the burden of high fees. The platform enables teams to handle payments independently, allowing business owners to monitor activity effortlessly via their mobile devices.
A Unique Charity Funding Model
Amaze, co-founded by Matthew Polson, has raised over $300 million for charities by combining entertainment with philanthropy. Unlike traditional fundraising, Amaze operates by offering dream prizes, such as luxury experiences and celebrity meet-and-greets, to participants in exchange for donations. This innovative model creates a win-win situation, where charities gain significant funding while participants enjoy the thrill of potentially winning life-changing rewards. This approach demonstrates that it is possible to align profit with altruism.
The Impact of Near-Death Experience
Matthew Polson shares a profound near-death experience that shifted his perspective on life and business. After flatlining for over four minutes during a critical medical emergency, he emerged with a newfound appreciation for love and connection that he now views as essential to life. This transformative event led him to reassess his business goals, ultimately focusing on spreading love and positivity through his ventures. The experience reinforced the idea that true fulfillment comes from making a positive impact on others.
The Power of Storytelling in Business
Storytelling plays a pivotal role in the success of Amaze and its fundraising efforts. Matthew emphasizes that crafting a compelling narrative engages consumers and makes them feel part of the transformation offered by the business. He cites the importance of making the customer the hero of the story and providing them with a sense of purpose alongside their participation. By following a structured storytelling approach, businesses can connect deeply with their audiences, fostering loyalty and trust.
Challenging Misconceptions About Profit and Purpose
Matthew Polson challenges the perception that businesses must choose between making money and doing good. He argues that this false dichotomy is rooted in cultural beliefs that separate charity from for-profit enterprises. Amaze exemplifies how it is feasible to operate a profitable business while raising significant funds for charitable causes, ultimately redefining societal expectations. By encouraging a more integrated approach, businesses can thrive financially while contributing positively to the world.
Matthew Pohlson has built Omaze into a unicorn business through some pretty unconventional ways - convincing the Pope to sell his Lamborghini, sending someone to space with Richard Branson and giving away multi-million dollar mansions for $10. All whilst giving away over $300M to charity.
This is one of our favourite interviews ever. From a business burning cash into a unicorn business that actually does good, Matthew's journey has been incredible, and you haven't even heard about how dying for 4 minutes made him an even better leader.