decided to invest in Gray’s vision, offering $40,000 for a 15% stake in the business, sparking an on air fight between the other “sharks” who stormed off the set because they felt that they didn’t have a chance to have their questions answered. Scholly shot up to No. 1 in the iTunes app store following the premiere of the episode. Things have been going great ever since. Deals have been brokered with both the city of Memphis and the state of Montana, both of which are purchasing the app for every highschool senior in their respective region. My Brother’s Keeper, an initiative started by President Obama to address opportunity gaps faced by boys and young men of color, announced that it would purchase 275,000 downloads of Scholly to distribute to participants. Gray told the Philadelphia Business Journal that its partnership with My Brother’s Keeper has had the most impact on Scholly’s growth. “That was just massive,” Gray said. “Essentially having the president endorse our product was amazing. We have a reoccurring [deal] with a national organization that will provide Scholly for students across the nation every year. That’s really been the most powerful thing.” Cause Magazine
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