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April 24, 2007
IAC Launches Its Own Incubator
IAC/InterActiveCorp, parent to Ask.com and Citysearch, among others, has launched an internal incubator project to find and develop business opportunities for IAC. The as-yet-unnamed unit will be based in San Francisco, and led by Match.com CEO Jim Safka. IAC will replace Safka at Match.com with Thomas Enraght-Moony, who had been Match.com's COO.
Yahoo recently took a similar tack when it launched "Brickhouse" late last year. That unit is led by Flickr founder Caterina Fake and serial entrepreneur Salim Ismail.
Posted by Kevin Newcomb on April 24, 2007 10:35 AM
