Interactive Group (IAC) Notes

11/17/2020 Update

  • Good tweet thread on ANGI.
  • Podcast interview with Boyar Value Group on IAC/ANGI
  • https://www.youtube.com/watch?v=J2trsM41DTU&feature=youtu.be
    • 0:00 – Intro
    • 1:20 – Boyar Group Background
    • 3:30 – 2008’s market versus 2020’s
    • 6:10 – Why MSGS trades for less than its parts
    • 18:30 – Why do value investors love IAC?
    • 20:30 – ANGI bull case
    • 36:20 – Why IAC is spinning Vimeo
    • 42:50 – What IAC sees in MGM
    • 47:45 – Plans for IAC’s huge cash balance
    • 51:15 – Thoughts on IAC’s management and succession plan
    • 54:05 – Thoughts on IAC’s other businesses

10/5/2020 Update