Jay-Z’s New Year’s Eve, LeBron Jersey Fuel Charitybuzz Auctions
After the dot-com bubble burst and took down his online grocery store, Webvan Group Inc., Coppy Holzman got back in the game by auctioning unique experiences for charities, like a backstage meeting with Paul McCartney. Then he took it global on the Web.
With his Charitybuzz.com, Holzman serves as a broker who finds the celebrity and runs the online auction. Instead of an upfront fee, he gets 20 percent of the sale proceeds. He doubled Charitybuzz’s business to $25 million this year over 2009.