IACI - IAC/InterActiveCorp

[Xerxes]

Thanks folks,
Agreed that the supply-side doesn't need ANGI demand pipeline in this situation given the abundance of work, but if it can insert itself as e-platform in-between matching supply and demand without getting a cut, it can (to your point) lower future acquisition cost for the consumer and even buy some goodwill. Or if they can bring extra capacity from the outside at a cost to them. Either way it will be an investment they have to make.

It is just hard for me to believe that a firm that whose raison d'etre is this kind of work, will not find a way to capitalize on this.

[Jurgis]

Thanks folks,
Agreed that the supply-side doesn't need ANGI demand pipeline in this situation given the abundance of work, but if it can insert itself as e-platform in-between matching supply and demand without getting a cut, it can (to your point) lower future acquisition cost for the consumer and even buy some goodwill. Or if they can bring extra capacity from the outside at a cost to them. Either way it will be an investment they have to make.

It is just hard for me to believe that a firm that whose raison d'etre is this kind of work, will not find a way to capitalize on this.

I risk to sound like a broken record, but personally ANGI "inserting itself" has had zero value to me as a customer in the past.
I'll believe it when I see it. 

Curiously enough I (still) have a position in ANGI. Mostly because of (mistaken?) belief in IAC owners/management and somewhat cheapish valuation. I'm gonna be very positively surprised if ANGI manages to multibagger from here.