IAC Inc (STU:4LRA)
€ 46.72 -2.1 (-4.3%) Market Cap: 4.00 Bil Enterprise Value: 4.34 Bil PE Ratio: 0 PB Ratio: 0.72 GF Score: 73/100
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IAC/Interactivecorp at Goldman Sachs Communacopia Conference (Virtual) Transcript

Sep 21, 2021 / 07:45PM GMT
Release Date Price: €131.78
Michael Ng
Goldman Sachs Group, Inc., Research Division - Research Analyst

Hi, everyone. Thank you for joining today's fireside chat with IAC's CEO, Joey Levin. Joey has been CEO of IAC since June of 2015 and is responsible for the strategic leadership of IAC and its operating businesses. In addition, he serves as Chairman of Angi and Vimeo and serves on the Board of Directors at Match, MGM, IAC and Turo. Under Joey's leadership, IAC and its spincos have driven a 36% compound annual return to equity shareholders relative to the S&P at 15%, resulting in a combined equity market cap of nearly $100 billion.

My name is Mike Ng. I cover IAC here at Goldman Sachs, and I have the privilege of moderating this discussion with Joey. We have 40 minutes today inclusive of audience Q&A. If you'd like to ask a question, you can submit your questions through the webcast or e-mail me at michael.ng, that's M-I-C-H-A-E-L dot N-G @ gs.com, and I'll ask them on your behalf.

First, Joey, thank you so much for the time today and for participating in our conference.

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