His first foray into entrepreneurship, he says, was reselling iPad 2s in Paris the day after their US release. He hired homeless people to wait in line with him for seventeen hours so he could get past the rule of only 4 iPads per customer. Then he divvied up $20,000 in cash to finalize the transactions. He recounts how frantic he was inside New York’s SoHo Apple store, overseeing his collection of bums, constantly eyeing the only exit while finalizing his own transaction. Our gray market entrepreneur even paid off a German family behind him to purchase extras. Four hours later, he hopped a plane to Paris to unload his bounty, pocketing nearly $25,000 in profit.

Airbnb says this man does not exist. So I had coffee with him | PandoDaily Sunday, December 8, 2013 @ 5:16pm