Sign in

Private company

Goozex

Online trading community

Goozex was an online trading community established in July 2006 which allowed people to trade video games and movies in the United States, Canada and Bermuda. The name Goozex came from a shortened version of "Goods Exchanged. " Goozex used an internal point system as currency and worked as a middleman matching buyers and traders instead of handling the actual movies and games.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2006Founded1

See how the biggest companies compare on our leaderboards

Goozex was an online trading community established in July 2006 which allowed people to trade video games and movies in the United States, Canada and Bermuda. The name Goozex came from a shortened version of "Goods Exchanged." Goozex used an internal point system as currency and worked as a middleman matching buyers and traders instead of handling the actual movies and games. In November 2007, Goozex was ranked as the best website for trading games online by video game magazine Electronic Gaming Monthly and GamesRadar.com. It has since received a ranking of F from the Better Business Bureau. Goozex traded games for the Atari 2600, Xbox, Xbox 360, NES, Super NES, Nintendo 64, GameCube, Wii, Game Boy, Game Boy Color, Game Boy Advance, Nintendo DS, PlayStation, PlayStation 2, PlayStation 3, PSP, PS Vita, Sega Genesis, Sega CD, Dreamcast, Microsoft Windows, and Mac, along with movies in DVD, Blu-ray, HD DVD, and UMD formats.2

The story

The idea for the site began late 2005 as founder Jon Dugan was annoyed by the low prices he received when trading games in to a local used-video-game store. Dugan teamed up with two other graduates from the Robert H. Smith School of Business at University of Maryland and incorporated the company in March 2006. The site opened to a public beta on July 10, 2006. Within three months, Goozex had 1,500 users signed up trading over 7,000 games. More than 48.6 million points were exchanged during their first two years, representing over US$2.1 million. Over 160,000 games were traded throughout 2008. On August 17, 2009, Goozex began to offer movie trading with 130,000 titles listed over four formats. On March 30, 2010, the site opened up trading of 6,000 titles from eight additional classic game systems. On November 16, 2012, Goozex was privately acquired by a holding company, Bay Acquisition Corp. for an undisclosed amount. On December 20, 2012, it was announced that J.P. McCormick would be the company's new president and CEO. Mr. McCormick resigned as president and CEO on December 31, 2013, and the website went down on the same day.

From Wikipedia’s article on Goozex, shared under CC BY-SA 4.0.3

Timeline

  1. 2006Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3