Vimeo Stock 📺: IAC Spins Off Vimeo Into Separate Company/Stock
IAC announced today(12/22) that it will be spinning off Vimeo into its own publicly traded, independent company. In this clip, Alex discusses Vimeo's planned Q2 2021 spin off and explains why he likes Vimeo's current path more than the company's initial strategy of competing with YouTube as a consumer video platform. Vimeo is the 11th company IAC has spun off.
This is an excerpt from episode 124 of Winner Take All. Watch the full episode here: https://youtu.be/iqRGRh1ymxk
Originally Aired: 11/12/20
#Content #Vimeo #IAC
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❓ Are you part of a large enterprise interested in spinning out a platform business? Connect with us here: https://resources.applicoinc.com/wta-contact/
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At Applico, we identify untapped, intrinsic assets that give existing enterprises an enormous advantage to spin-out new tech companies. WisdomTree licensed Applico's Platform Insights Data Product to aid in the creation of the PLAT ETF.
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