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The Exit - Presented By Flippa

Flippa raises $11m to consolidate position as #1 to buy/sell online businesses with Blake Hutchison

The Exit - Presented By Flippa

The Exit - Presented By Flippa

Technology

5.0420 Ratings

🗓️ 22 September 2021

⏱️ 34 minutes

🧾️ Download transcript

Summary

Blake Hutchinson, CEO of Flippa, announces $11m raised in Series A funding for Flippa led by Sydney-based venture capital firm OneVentures. In this episode of The Exit, Blake discusses how this funding will impact the growth of the company and how Flippa’s mission to help millions of small business owners and entrepreneurs find a pathway to exit will get even better. We further dive into Blake’s journey of selling his own website on Flippa to ultimately becoming the company’s CEO and how he continues to carry Flippa’s vision as the #1 marketplace to buy and sell online businesses. -- The Exit - Presented By Flippa: A 30-minute podcast featuring expert entrepreneurs who have been there and done it. The Exit talks to operators who have bought and sold a business. You’ll learn how they did it, why they did it, and get exposure to the world of exits, a world occupied by a small few, but accessible to many. To listen to the podcast or get daily listing updates, click on flippa.com/the-exit-podcast/

Transcript

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0:00.0

Hello and welcome to the Exit presented by Flipa. This is a 30 minute podcast featuring

0:14.6

amazing entrepreneurs who have been there and they have done it. The Exit talks to

0:18.0

operators who bought and sold businesses of all a different sizes. You'll learn how they did

0:21.8

it, why they did it, and get exposure to the world of exits. It's a world occupied by a small few,

0:27.4

but accessible to many. Now in this episode, I sit down with Blake Hutchinson. He is the CEO

0:34.6

of Flipa and this is a very special episode because Flipa is excited to announce that it has raised

0:40.9

11 million dollars and as the leader and basically the market starter of this industry of buying and

0:49.5

selling businesses, this is a massive deal for the space as a whole and I'm really excited to share

0:55.8

this with the entire Flipa community out there because this is the gold standard now. People

1:02.6

are able to buy and sell directly to each other and Blake talks a lot about his history with

1:08.2

joining Flipa and if you've been around for a while in the ecosystem that is on Flipa, you've

1:13.9

seen some huge changes and that is a direct correlation to Blake joining as CEO and you can definitely

1:22.1

tell if you've been here for five years or so that it is a hockey stick style growth rate of

1:29.1

iterations that have taken place on the Flipa marketplace. So without further ado, I'm excited

1:35.4

for not only this announcement but to sit down with my friend and the CEO of Flipa, Blake Hutchinson.

1:42.8

All right guys, today we have a very special guest here on the exit and it is the CEO

1:50.5

of Flipa Blake Hutchinson. How's it going Blake?

1:54.2

Hey Steve, so good to be on the exit. Thanks for putting together a great podcast.

1:59.5

Yeah, so excited to have you on man and I really, Blake and I have known each other for a few

2:04.6

years at this point which is kind of wild to think about and we've talked on a couple different

2:10.0

podcasts. We've talked about all different types of businesses and I really wanted to kind of

2:15.4

just have the community get to know you a little bit. Dig into your background, you know,

...

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