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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 from Melbourne, Australia. Carosa was the co-founder of the digital music company, Destra Corporation. At the age of 25, Destra was listed on the Australian Securities Exchange, making Carosa the youngest CEO to manage a company on the Securities Exchange in Australian history.

Destra's assets were sold after the Opes Prime collapse in 2008, and Carosa became the founder of the Future Capital Development Fund in 2008. In 2014, the development fund diversified into bitcoin investment by launching the Future Capital Bitcoin Fund, which was the first of its kind in Australia.

Carosa is also the co-founder and CEO of the mobile Q&A company, Crowd Mobile.

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. Carosa and his family ran a video game store in Camberwell, Victoria for a year in the 90's when he was still in high school. It was here that he first sold the Super Nintendo UFO, a mod that allowed gamers to use pirate copies of Nintendo games. Domenic was one of the first people in Melbourne to download cracked copies of games from bulletin boards and sell them. When the video game store closed Domenic continued to sell pirate games from his bedroom while still at high school. It was this entrepreneurial spirit and easy money that allowed him to start Sprint. He did not attend college after high school due to his business ventures. He did eventually attend the Australian Graduate School of Entrepreneurship where he earned a Master of Entrepreneurship and Innovation.

Carosa began his career while he was a teenager by co-founding the media and entertainment company Destra with his sister in 1993. 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. Carosa officially launched the Destra Corporation brand in 2004, and in 2005 announced first year revenue of over $15 million. In 2004, Destra Corporation announced a large deal with Yahoo! to integrate a new suite of services with OzHosting.com's Web hosting service.


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