How Entrepreneur Richard P Blankenship is Growing his Businesses


<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="This May Prizeout, a New York-based financial technology company, announced it had closed its $4.5M series A. “It was a validating milestone for us,” says 29-year-old Richard Blankenship, one of the company’s cofounders, via Zoom.” data-reactid=”20″This May Prizeout, a New York-based financial technology company, announced it had closed its $4.5M series A. “It was a validating milestone for us,” says 29-year-old Richard Blankenship, one of the company’s cofounders, via Zoom.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="In many ways it is an unlikely milestone too – a mark of Prizeout’s early success that has come in part due to the close relationship between Blankenship and his cofounder David Metz. A relationship that began as a chance encounter in 2018 in Las Vegas.” data-reactid=”21″In many ways it is an unlikely milestone too – a mark of Prizeout’s early success that has come in part due to the close relationship between Blankenship and his cofounder David Metz. A relationship that began as a chance encounter in 2018 in Las Vegas.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="At the time Blankenship was Chief Revenue Officer of Poker Central, a poker media company, and Metz was CEO of FleetWit, a trivia app. Blankenship says, “Poker Central has deep experience with live productions as the rights holder for the World Series of Poker. Fleetwit needed those capabilities and was interested in a hybrid trivia and poker show. We needed to make a deal. It made a lot of sense for both companies.”” data-reactid=”22″At the time Blankenship was Chief Revenue Officer of Poker Central, a poker media company, and Metz was CEO of FleetWit, a trivia app. Blankenship says, “Poker Central has deep experience with live productions as the rights holder for the World Series of Poker. Fleetwit needed those capabilities and was interested in a hybrid trivia and poker show. We needed to make a deal. It made a lot of sense for both companies.”

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="As the two companies negotiated the deal over three months Blankenship and Metz got to know each other, and Metz mentioned his idea for his next startup, a financial technology company that would evolve into Prizeout. “When David told me about it, I was so excited,” Blankenship says. “I knew from my experience in the gaming industry that companies were sitting on billions of dollars of consumer funds, and that these consumers had poor options to withdraw these funds. I knew that we could get them their funds faster and with a bonus if we used gift cards.”” data-reactid=”23″As the two companies negotiated the deal over three months Blankenship and Metz got to know each other, and Metz mentioned his idea for his next startup, a financial technology company that would evolve into Prizeout. “When David told me about it, I was so excited,” Blankenship says. “I knew from my experience in the gaming industry that companies were sitting on billions of dollars of consumer funds, and…



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