IAC CEO Joey Levin on why his company took a 12% stake in MGM, which companies within IAC he is most excited about, lessons learned from working with Barry Diller, and how he approaches capital allocation.

The Interview Discusses: 

• Lessons learned from working with media mogul Barry Diller. 
• Why they decided to take a 12% stake in casino giant MGM.
• Which businesses within the IAC portfolio he is most excited about.
• How he approaches capital allocation at IAC.
• Which stage he believes Angi is at in their fixed priced transformation.
• Why he believes Angi’ s “take rate” will increase with time.
• IAC’s major competitive advantage.
• Why he believes Care.com is a major opportunity for IAC.

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