Founders' Stories: Raise's George Bousis
Channel: Chicago Founders TV
Date: 2015-03-26

George Bousis is the founder of Raise, a peer-to-peer exchange for gift cards online, where users can buy and sell gift cards with others.

Raise has seen steady growth since its launch in 2013, and recently landed a $56 million dollar Series B funding round in January. This brings it to over $81 million raised since its launch. George himself was featured in Forbes’ 2015 30 under 30.

Raise is tapping into a $450B industry, where 20-30% of gift cards are going unspent. The company is looking to make the industry more efficient and more liquid.

In this episode of Founders' Stories, we learn about George’s first job as a professional gamer at age 12, his first and rather unexpected investor, and how Raise found a new identity based on old perception.

Learn about George’s takeaways from quick and significant growth, his impressions on the basic economics of supply and demand, and how he raised multiple rounds of capital in a short period of time.

This video is licensed under the Creative Commons Attribution-NoDerivatives 4.0 International Public License. You can view details of this license here: https://creativecommons.org/licenses/by-nd/4.0/legalcode