August 05, 2008 16:59 ET

19-Year-Old Entrepreneur Artin Afsharjavan Launches

Sales of One Million in Less Than Two Weeks

BETHESDA, MD--(Marketwire - August 5, 2008) - 19-year-old entrepreneur Artin Afsharjavan announces the launch of his latest venture,, an online diamond wholesaler. Sales on the newly launched site exceeded one million dollars in the first two weeks, far exceeding expectations. Afsharjavan launched the site through his investment company, Javan Capital Partners LLC. allows visitors to research the diamond of their choice according to cut, color, clarity, carat weight, as well as shape and certification and bid on it accordingly, essentially naming their price. This online process results in a 10-40% discount off of retail prices.

Afsharjavan said, "Considering the fact that the United States is the world's biggest diamond jewelry market accounting for half of total worldwide sales, the market is primed for this type of service. Considering the current economy, people are open to ways they can cut costs if they can retain exceptional quality. does just that."

About Javan Capital Partners

Founded in January 2008, Javan Capital Partners utilizes resources from private investors to acquire small to medium size businesses in the Washington, DC market. The firm is led by 19-year-old entrepreneur Artin Afsharjavan. For more information visit

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