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3min chapter
Land of the Giants: The Hidden Hand Behind Your Swipes
Channels with Peter Kafka
IAC - The Magician's Hat
IAC is a holding company, meaning they have stakes in a variety of other businesses. David Marcus runs ever more global advisors, an investment firm that specializes in holding companies like IAC. With a solid business, a good margin, and cash flow, IAC could use its war chest to level up Match.com into something entirely new. Diller wanted to forge a company that would dominate online dating entirely.
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