In this episode of the Rask podcast, Owen Rask interviews Blake Hutchison, CEO of Flippa, a global marketplace for buying and selling digital businesses. Hutchison discusses his background and how he came to lead Flippa, explaining Flippa's function as an "eBay for digital businesses," where users can buy and sell online assets ranging from $10,000 to $10 million. They delve into the types of digital assets traded on Flippa, the platform's infrastructure for ensuring secure transactions, and the increasing role of AI in matching buyers and sellers. Hutchison shares insights into the digital business ecosystem, the importance of data verification, and Flippa's plans for incorporating AI to streamline processes and enhance user experience. He also touches on the global nature of the platform, its revenue model, and the increasing trend of repeat entrepreneurs and investors in the digital asset space.
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