Capital · acquirer
IAC
Internet holding company · New York
- Founded
- 1995
- Entered
- 2005
- Placed at
- 2005: founded 1995, before the timeline start; shown from 2005
- Status 2026
- Active
- Metro
- New York
- Embeddedness
- 2 connections
- Confidence
- verified · strongest source trade or financial press
Method
Barry Diller's IAC buys CollegeHumor in 2006 for 26 million dollars, funds it through years of losses, and sells it to Sam Reich in January 2020 for no cash while keeping a minority stake after more than a dozen buyers walk away.
People: Barry Diller
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The path: money and goods moving
- acquiredCollegeHumorIAC buys CollegeHumor in 2006 for 26 million dollars.2006
- invested inDropoutIAC keeps a minority stake when it hands CollegeHumor to Sam Reich in January 2020 for no cash.2020 to present
Sources (trade or financial press): techcrunch.com