Barry Diller's Big Internet Adventure
from the who-will-he-buy-next... dept
Having already stated his intentions to spend $4 billion on internet companies people are starting the guessing game of who Barry Diller will buy next. While there are some comparisons to the spectacularly stupid strategy of Zapata (and to a lesser extent CMGI), some are saying Diller’s timing might be right this time. For one thing, unlike past attempts, internet companies are a hell of a lot cheaper now. Zapata tried to paste together a bunch of no-names, and CMGI overspent and overgrew with its companies. Diller might be able to actually tie something together that makes sense. I won’t believe it until I see it for sure, but it should be interesting to see who he goes after next…
