IAC CEO Levin on Valuation, Spinoffs, Future Technology

The transcript covers a discussion with IAC's CEO about the company's valuation, asset management, and strategic decisions regarding spin-offs. The CEO explains the reasons behind market discounts and highlights IAC's successful capital allocation. The conversation also explores the potential for spinning off subsidiaries like Match and Angi Homeservices, and evaluates the value of IAC's publishing and applications businesses. The CEO outlines IAC's future direction, emphasizing a focus on incubation and interactivity in technology-driven marketplaces, while navigating competition with major tech companies.

What are the three reasons mentioned for why the street discounts collections of assets?

How does the CEO describe the company's approach to capital allocation?

What factors does the CEO consider when deciding to spin off a business?

What does the CEO mean by saying they are not in the business of empire building?

How does the CEO view the future of IAC in terms of innovation and new projects?

What is the significance of interactivity in IAC's business model?

What challenges does IAC face in relation to the Big 5 tech companies?