IAC

What Vimeo’s growth, profits and value tell us about the online video market

Despite the company's putative performance not being very good thus far today, I can't really find much bad about the company's valuation and implied multiples.

White House teams up with dating apps to give vaccinated users free perks

With vaccination rates slowing in the U.S., the White House is getting creative about getting shots in arms. Beyond protecting yourself and others from a deadly disease, the latest incentive to get va

IAC’s NurseFly rebrands to Vivian Health as it expands its healthcare jobs marketplace

NurseFly, the healthcare jobs marketplace owned by IAC, has rebranded to Vivian Health as it expands its range of services. Originally launched for traveling nurses (or nurses willing to travel for sh

Bumble’s first date with the public markets

The public markets have been so active lately that it’s hard to drum up excitement for yet another company making its way to the bull market. But, in the case of Bumble, a dating app where women mes

IAC’s Teltech acquired encrypted mobile messaging app Confide

IAC has acquired Confide, the encrypted mobile messaging that once made headlines for its use by White House staffers during the Trump administration. The deal, which closed on Dec. 1, 2020 but was no

‘Slow dating’ app Once is acquired by Dating Group for $18M as it seeks to expand its portfolio

Five-year-old “slow dating” app Once has been acquired by the Dating Group, one of the largest companies in the dating world, for $18 million in cash and stock. Dating Group has 73 million

IAC plans to spin off Vimeo as an independent company

IAC announced today that it plans to turn Vimeo into an independent, publicly traded company. Last month, IAC CEO Joey Levin wrote a letter to shareholders in which he said the holding company had &#8

F3, a Stories-style Q&A app for Gen Z teens, raises $3.9M

F3, an anonymous Q&A app targeting Gen Z teens which blends a Tinder-style swipe-to-friend gamification mechanic, Stories-esque rich media responses and eye-wateringly expensive subscriptions to u

Vimeo raises $150M, while IAC is ‘contemplating’ a spin-off

Vimeo has raised $150 million in new equity funding, announced in conjunction with the third quarter earnings of its parent company IAC. In a letter to shareholders, IAC CEO Joey Levin said the compan

Match Group completes separation from IAC, new board includes Wendi Murdoch and Ryan Reynolds

IAC and Match Group announced that they have completed a “full separation.” Previously, Match Group (which owns Tinder, Hinge, OkCupid, PlentyOfFish and Match itself) was a publicly traded

Facebook to launch ‘virtual dating’ over Messenger for Facebook Dating users

Facebook will soon allow users to go on “virtual dates,” the company announced today. The social network is planning to introduce a new video calling feature that will allow users of its F

Tinder cancels its apocalyptic-themed show ‘Swipe Night’ out of sensitivity to coronavirus outbreak

Citing sensitivities to the ongoing COVID-19 pandemic, dating app Tinder is canceling the international release of its apocalyptic-themed, in-app video series, “Swipe Night.” The company h

Bluecrew launches a mobile app to help businesses manage a flexible workforce

Bluecrew, a flexible staffing business owned by holding company IAC, is launching a new mobile app called Bluecrew Manager. Rather than relying on a network of independent contractors, Bluecrew hires

Two Sigma Ventures raises $288M, complementing its $60B hedge fund parent

Eight years ago, Two Sigma Investments began an experiment in early-stage investing. The hedge fund, focused on data-driven quantitative investing, was well on its way to amassing the $60 billion in a

IAC sells CollegeHumor to executive Sam Reich, resulting in 100+ layoffs

IAC has sold off a majority stake in CH Media, the parent organization behind CollegeHumor. The new owner? CH Media's chief creative officer Sam Reich.

Newly rebranded Thimble raises $22M to bring flexible insurance to the gig economy

Thimble, which offers flexible, short-term insurance to small businesses and freelancers, is announcing that it has raised $22 million in a Series A funding round led by IAC. Until today, the startup

IAC outlines its plans for a Match Group spin-off

Digital media holding company IAC has taken the next step toward spinning off Match Group, with a proposal outlining what that process would look like. Match Group (which owns Tinder, PlentOfFish, OkC

Lawyers for former Tinder execs file to dismiss ‘retaliatory’ defamation lawsuit

Last week, former Tinder CEO Greg Blatt filed a defamation lawsuit against Sean Rad and Rosette Pambakian, who are part of a group of Tinder founders and former executives who accused Blatt (pictured

Former Tinder CEO strikes back against sexual misconduct accusations with defamation lawsuit

Former Tinder CEO Greg Blatt has filed a defamation lawsuit against Sean Rad and Rosette Pambakian, seeking at least $50 million in damages and accusing them of having “conspired to make false a

IAC acquires nursing marketplace NurseFly for $15M

NurseFly, a startup that created a job marketplace for short-term nursing positions, is announcing its acquisition by holding company IAC. While the companies aren’t disclosing the deal terms, a
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