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Barry Diller Admits IAC Strategy Didn't Work

"Diller has seemed less a visionary and more a spastic dealmaker."

10:14 pm on May 13, 2008 (gmt 0)

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WebmasterWorld Administrator martinibuster is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

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A good read, Portfolio.com offers an interview and profile of Barry Diller [portfolio.com] at Portfolio.com.

About the foundering of IAC:

We were kidding ourselves if we thought we could pull off an integrated conglomerate...

There's also a surprising revelation that Diller's strategy over the years was less formal than many suspected:

Diller is forthright in saying that his strategy for IAC over the years has been guided as much by curiosity as by anything that might constitute an actual business plan.