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November 5, 2020 09:11 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Wf0yCCXpBGA/
Vimeo raises $150M, while IAC is contemplating a spin-off
Vimeo has raised $150 million in new equity funding, announced in conjunction with the third quarter earnings of its parent company IAC. In a letter to shareholders, IAC CEO Joey Levin said the company has “begun contemplating spinning Vimeo off to our shareholders.” “Given Vimeos success, and investor adulation for the Software-as-a-Service (SaaS) category generally, […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Wf0yCCXpBGA/
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