5 • 2K Ratings
🗓️ 24 October 2022
⏱️ 28 minutes
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0:00.0 | Hello, and welcome to the Exit presented by Flip of the World's largest marketplace to buy and sell online businesses and startups. |
0:07.0 | The Exit is a 30-minute podcast featuring amazing entrepreneurs who have been there and they have done it. |
0:11.5 | The Exit talks to operators who have bought and sold businesses of all different sizes. |
0:16.0 | You'll learn how they did it, why they did it, and get exposure to the world of Exits. |
0:20.0 | It's a world occupied by a small few, but accessible to many. |
0:23.5 | Now, in this episode, I sit down with Ari Trio. |
0:26.0 | He's a fantastic serial entrepreneur and established angel investor. |
0:30.5 | And actually, XY is his fifth startup. |
0:34.0 | So, his previous startup, Sambriel, was his most successful exit to date. |
0:39.0 | He raised 350,000 in 2008 and reached $65 million in annual revenue before exiting in 2015. |
0:49.5 | Now, this level of growth in such a short period of time is a true testament to a genuine operator, |
0:57.0 | like somebody that is committed to optimizing the people process and product over and over and over again. |
1:04.0 | And I really liked our conversation here because he talks a lot about creating a company that can scale |
1:10.0 | and just doing a really incredible job on operations and getting this thing up and running. |
1:16.5 | Now, his current company, XYO, that he's the CEO, CTO, co-founder of. |
1:23.0 | I've actually known for quite some time. |
1:25.5 | Back in 2017, 2018, I believe, I met them at a couple of conferences in Vegas that were in the crypto space. |
1:34.0 | And it was really fun getting to know them. |
1:36.0 | And I got to know their team a little bit once upon a time. |
1:39.0 | So, it was great to kind of talk back to that in the interview here. |
1:44.0 | When I first met them and what they were working on and how they've really just moved ahead |
1:49.5 | over the last five years or so in such a volatile space. |
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