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GoFundMe CEO on how the platform became a stand-in for America's safety net

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Tim Cadogan, who became CEO of GoFundMe on March 2, 2020, spoke with The Verge's Decoder podcast about the platform's growing role in American life. Medical expenses are the single largest fundraising category on GoFundMe, a trend Cadogan says holds true across all 20 countries where the platform operates. The 2020 pandemic and wave of political unrest significantly expanded GoFundMe's cultural footprint, making it a go-to resource during major national and global events. As a for-profit company that collects fees and tips, GoFundMe faces tension between its social utility and its obligation to grow as a business. Cadogan discussed how he navigates difficult decisions about which fundraisers the platform will and will not support.

Read the full story at The Verge

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GoFundMe CEO on how the platform became a stand-in for America's safety net · ShortSingh