Domenic Carosa
| Domenic Carosa | |
|---|---|
| Born |
1974 Melbourne, Australia |
| Alma mater | Australian Graduate School of Entrepreneurship |
| Occupation | Co-Founder & Executive Chairman |
| Employer | Future Capital Development Fund |
| Known for |
Co-Founder, Destra Corporation Co-Founder, Future Capital Development Fund |
Domenic Carosa (born 1974) is an Australian businessman and co-founder of Future Capital Development Fund. He is also the co-founder of Destra Corporation where at the age of 25 he was the youngest CEO of a company listed on the Australian Securities Exchange.[1]
Early life and education
Carosa was born in Melbourne, Australia in 1974. At an early age, Carosa bought and sold postcards outside of his parents' home, eventually moving onto train sets and video games. He did not attend college after high school due to his business ventures.[2] He did eventually attend the Australian Graduate School of Entrepreneurship where he earned a Master of Entrepreneurship and Innovation.[2]
Career
Carosa began his career while he was a teenager[3] by co-founding the media and entertainment company Destra with his sister in 1993.[4] The company was originally called Sprint and owned entertainment websites in Australia. He was 25 years old when Destra was first publicly listed on the Australian Securities Exchange, making him the youngest CEO in Australian history.[1] Destra reverse-listed on the exchange just prior to the dot-com crash in 2000.[4] Carosa diversified the company into web hosting company following the crash, and later led it into a $100 million company and the second largest web hosting company in Australia. He lost his equity in the company in 2008 after the collapse of Opes Prime.[5] He was Managing Director at Destra until 2008 when he took the role of Consultant for the company.[4][6]
In 2009, Carosa founded Future Capital Development Fund, a company that invests in internet businesses.[7][8] Carosa launched the Future Capital Bitcoin Fund in 2014, a $30 million investment fund focused on investing in companies that trade and exchange bitcoins.[9] The fund is considered the first bitcoin investment fund in Australia.[10]
References
- 1 2 Pirouz, Alex (16 September 2011). "Domenic Carosa on dumb money vs. smart money". My Business. Retrieved 8 October 2013.
- 1 2 "Expert Profiles – Domenic Carosa". Your Success Club. Retrieved 9 October 2013.
- ↑ Eliezer, Christie (23 April 2008). "Destra Dumps Founder Carosa". Billboard Magazine. Retrieved 8 October 2013.
- 1 2 3 Ryan, Paul (1 October 2008). "What I Have Learnt (the hard way)". Australian Anthill. Retrieved 8 October 2013.
- ↑ Gome, Amanda. "Destra’s Domenic Carosa may take action against Opes Prime". Smart Company. Retrieved 8 October 2013.
- ↑ Sharma, Mahesh (23 April 2008). "Destra board suffers Opes fallout". The Australian. Retrieved 8 October 2013.
- ↑ Fenton-Jones, Mark (16 May 2011). "Carosa’s web grows ever wider". Australasian Business Intelligence (Highbeam). Retrieved 8 October 2013.
- ↑ Hammond, Michelle (12 July 2011). "Carosa ponders dual listing for Future Capital". Smart Startups. Retrieved 8 October 2013.
- ↑ Chow, Ky (20 May 2014). "Meet the entrepreneurs selling the picks and pans of the Bitcoin gold rush". BRW. Retrieved 23 August 2014.
- ↑ Karlovsky, Brian (5 May 2014). "Australian-based company sinks $US30 million into Australia's first bitcoin investment fund". ARN Net. Retrieved 23 August 2014.