IAC CEO Joey Levin on why his company took a 12% stake in MGM, which companies within IAC he is most excited about, lessons learned from working with Barry Diller, and how he approaches capital allocation.
The Interview Discusses: Lessons learned from working with media mogul Barry Diller. Why they decided to take a 12% stake in casino giant MGM.Which businesses within the IAC portfolio he is most excited about.How he approaches capital allocation at IAC.Which stage he believes Angi is at in their fixed priced transformation.Why he believes Angi’ s “take rate” will increase with time.IAC’s major competitive advantage.Why he believes Care.com is a major opportunity for IAC.