Business

Raffi King – Poker player or businessman?

Start-up companies play a very important role in today’s society. Apple was once a start-up in a garage, until it got the financing it needed to be a multi-million dollar corporation. Google was also a start-up, and stockbrokers at one point sold the internet search giant’s stock for less than $ 5. It has always been difficult for Raffi King to decide whether or not to enjoy playing poker, his passion, or find startups like Bidz.com to help hundreds or thousands of investors get rich too.

On the one hand, Raffi King has been very successful in poker tournaments with dozens of wins in California and Las Vegas. However, his success with startups has been even more impressive.

As a co-founder of online auction giant Bidz.com in 1998, he helped Bidz.com raise the $ 28 million needed to expand and then go public. Shareholders were enormously rewarded when the company traded on the NASDAQ at $ 8 and within a few months it reached $ 22.50.

“I’ve always loved playing poker,” said Raffi King, the competition really gets me going. “Once I really learned to play, I was hooked.” Raffi King’s dream is to win a coveted bracelet at the World Series of Poker held each year in Las Vegas. “A win there can pay for life-changing money,” says Raffi King.

Right now, Raffi King is working with a group of medical engineers and entrepreneurs to develop the world’s first early warning detection device aimed at preventing SIDS or Sudden Infant Death Syndrome. “I knew I wanted to be a part of this project the moment I saw it,” Raffi said. SIDS, also known as ‘Cradle Death’, is a tragic thing that affects thousands of babies each year.

If we can help save even one of them, it was worth it. You can read more about this amazing new project by visiting the company’s website at Remote living system. This product is expected to be in stores within a year.

Leave a Reply

Your email address will not be published.