Thoughts on Full Tilt Poker and Howard Lederer
If you’re not a poker player that title might be a bit obscure, so here’s a quick primer: Full Tilt Poker (FTP) was founded in the early 2000s by a couple of poker’s biggest stars, Howard Lederer and Chris Ferguson. Other pros including Phil Ivey, John Juanda and Andy Bloch invested in the start-up and a day-trader named Ray Bitar, who was a friend of Ferguson’s, became CEO. The company became wildly successful and was, before its dramatic demise, the second largest online poker site in the world (behind Poker Stars).