Barstool’s Dave Portnoy Raises $2 Million To Help Struggling Restaurants
Famed Boston-based pizza reviewer and stock pumper Dave Portnoy has spent the last couple of years reviewing a slice of pizza from mom and pop restaurants.
Portnoy’s YouTube account called “One Bite Pizza Reviews” has hundreds of videos of him reviewing pizza slices from small shops up and down the East Coast, mainly in the Northeast.
Even during the pandemic, Portnoy continued the pizza reviews though being on the ground and seeing the first-hand devastation of government lockdowns and restrictions have had on small businesses, more specifically the restaurant industry, forced him to launch a fund to save dying eateries.
Called the Barstool Fund, more than 31,600 Barstool supporters have raised $2 million and supported three restaurants so far.
On the Barstool Fund’s website, Portnoy goes on a rant about how “no one in the government seems to care” about small businesses.
He said the government has “no plan, no relief, no bailout” for mom and pop shops.
Portnoy said Marcus Lemonis told him, “to put his money where his mouth is,” referring to supporting small business. He said he started the fund, and Barstools will donate $500k.
Portnoy said his Barstool Fund “isn’t the best plan” – indicating that the “best plan” is for the government to bail out these mom and pop shops before they lose their livelihoods.
Portnoy lays out a set of rules for restaurants that want to access his fund. One of the major requirements is that they must be paying their employees. From there, he said a deal can be worked out with the shop as to how much money they need every month.
We assume some of Portnoy’s newly minted stock market millionaire followers on Twitter can spread the wealth to help the cause.
Fox News’ Tucker Carlson recently interviewed Portnoy about the Barstool Fund.
As we must remind readers, it’s not the virus pandemic that is killing small businesses, it’s the government enforced lockdowns and restrictions.
Tyler Durden
Tue, 12/22/2020 – 21:05
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