Levin: IAC holds over $1B in cash and zero parent debt
Joey Levin · IAC CEO Joey Levin: Why Value Investing is BS; The Most Insane Element of SPACs | 20VC #982 · 20VC with Harry Stebbings · Feb 24, 2023 · at 13:10
Joey Levin is the CEO of IAC. He addresses IAC's cash position and balance sheet strength during an economic downturn.
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“We're well over a billion of cash and no debt at the parent level, and so we're, we are well capitalized to take advantage.”
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