DJ Equipment Price Arbitrage

John describes a high school business where he bought DJ equipment in the United States and exported it to Australia for resale, taking advantage of price arbitrage between the two markets.

Key Points:

  • Business Model:
    • Purchase DJ equipment in US market
    • Export to Australian market
    • Profit from price differences between markets
  • Timing: Operated during high school years
  • Type: International arbitrage/resale business

Note: This was mentioned briefly as an example of early entrepreneurship, with limited additional details provided about the specific operation or scale.

JC

John Coogan

John is an Entrepreneur-in-Residence at Founders Fund. He regularly publishes YouTube videos about technology companies and Silicon Valley. He previously co-founded two startups; a nicotine company named Lucy and a food company named Soylent.

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