Comments on: Barry Diller on Comparison Shopping

By: pierre chappaz

pierre chappaz — Thu, 22 Sep 2005 20:10:04 +0000

I have been meeting with Barry a couples of times…he has a strong personality…but I keep wondering what his vision for IAC really is. What does he really want to achieve?

Now in terms of valuation let me give you Kelkoo maths: Yahoo bought us last year for â‚¬475 M. Kelkoo will make between 25 and 30 M profit this year and still growing at more than 50% rate. Multiple is way below 20. If he really thinks that Yahoo has paid too much isn’t it because IAC own multiple is extremely low? IAC multiple is 3 times lower than any other major listed Internet company. And the reason, dear Barry, is: up to now your strategy has not been capable of convincing the markets

By: Vic Berggren

Vic Berggren — Sat, 17 Sep 2005 04:46:45 +0000

>Red Carpet is still very much in development according to my sources

I agree with that and I don’t have any sources, I base it on this comment:
> wish them well, but not too well.

By: Garth Chouteau

Garth Chouteau — Fri, 16 Sep 2005 21:30:31 +0000

Make up your mind, Barry – is comparison shopping ‘boring’ or ‘very interesting’ ? And if Red Carpet is completely new and innovative, does that make it ‘very boringly interesting’ ?

By: Brian Smith

Brian Smith — Thu, 15 Sep 2005 23:03:26 +0000

Red Carpet is still very much in development according to my sources…although the company is still tight lipped. In saying the above, Diller still has an out by launching a completely new and innovative shopping comparison engine experience. I think we’ll see it integrated with IAC’s gift search engine, gifts.com. The Ask Jeeves Blog had a post yesterday (http://blog.ask.com/2005/09/compare_contras.html) about Gifts.com results showing up on Ask.com. Just something to keep an eye on.

By: mhhfive

mhhfive — Thu, 15 Sep 2005 05:01:23 +0000

what happened to Red Carpet…?