With buzz surrounding Bad Boy Records CEO Diddy hitting the auction block for an online charity campaign, SOHH reached out to Network for Teaching Entrepreneurship’s (NFTE) to find out why they went with the music mogul.
Chief Marketing Officer Dan Delany credited high-profile entertainers like Puffy for helping strengthen the organization’s youth outreach.
“Sean ‘Diddy’ Combs is the true embodiment of entrepreneurship and an inspirational force in youth and pop culture,” Delany told SOHH via statement. “NFTE helps young people succeed in life through entrepreneurship. Our organization’s purpose resonated with him. We are thrilled Mr. Combs can give of his time this way….because the resources the auction generates will allow us to keep growing our program to reach more urban youth in the coming school year.” (SOHH)
Along with Puff, other elite industry figures are also involved.
Combs hit the auction block along with four other top business leaders to support the Network for Teaching Entrepreneurship’s (NFTE) “Dare to Dream” auction at online charity auction house Charitybuzz.com. Participating business moguls include: CEO/Founder of Bad Boy Entertainment Worldwide Sean “Diddy” Combs Former CEO/Chairman and Founder of AOL Steve Case Founder of Bobbi Brown Cosmetics Bobbi Brown FUBU Founder and SharkTank Star Daymond John and CEO of Union Square Hospitality Group Danny Meyer (Artist Direct)
Fans and bidders alike will have nearly two more weeks to take part in the auction.
Success didn’t come easy for these motivated entrepreneurs, but Sean ‘Diddy’ Combs, Bobbi Brown, Steve Case, Daymond John, and Danny Meyer have all realized fantastic success in their fields. Now you can pitch your best business plans to these entrepreneurs, get their feedback and support NFTE all at once in the Dare to Dream Auction. Sean, Bobbi, Steve, Daymond and Danny have each graciously donated their time to NFTE in order to be auctioned off for a breakfast, lunch or meeting. This online auction runs until April 25th and directly benefits NFTE! (NFTE)
Diddy’s auction value is reportedly up around $15,000.
Currently, Steve Case has the most interest, with 9 bids totaling $1,350. John has four, followed by Meyer with three, while Brown is still awaiting bids. Combs was introduced as a mentor today, with an auction value of $15,000 and a minimum bid of $1,000 to start. Besides Combs, the other four opportunities are valued between $2,000 and $2,500. (Huffington Post)