Matt Paulson says growing MarketBeat from $50 million to $100 million lets him give more to charity than he could otherwise. He set up a committee with a $150-200k annual budget for donations and partnered with the Florida Science Museum to sponsor a redesigned children's facility.
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it's unselfish of me to build a big company so I can give more money away. We set up a committee that gives away a lot of the kind of smaller dollar stuff. Got a budget of, you know, $150,000, $200,000 a year or something like that to give away. 'Cause like, it doesn't make sense for me to give away money like $5,000 at a time 'cause it just takes too much time to do that. So I've kind of empowered my team to do a lot of that. Like, we're happy to kind of play our part in the community and give back and sponsor stuff and, you know, just kind of be part of like the answers to the community's problems. But like, Also, I know that best use of my time for the entire city is not to like go beyond 10 nonprofit boards and like go to all the meetings and like do that stuff. It's for me to grow MarketBeat from $50 million to $100 million and give away even more money. Like, so a lot of it's just like, there's a science museum downtown for kids. A few years ago I had the idea that they had like 3 floors of science museum and like the first floor is like the space and technology kind of floor where they've got a bunch of astronaut stuff. And I thought like, oh, This thing's kind of getting dated. So I was like, I called up the guy that runs it, like, how much to like redo this? Between like over a few years, like we kind of figured out a plan and like now like brand new Florida Science Museum and then we sponsored it and it was a lot of fun to do that kind of stuff.