IAC

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IAC Reviews

110 Reviews
3.9
110 Reviews
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IAC CEO Greg Blatt
Greg Blatt
23 Ratings

Review Highlights

Pros
  • There was a great work/life balance and true feeling of appreciation for employees (in 9 reviews)

  • Great people, good benefits, and the most beautiful building in Chelsea (in 7 reviews)


Cons
  • Not a lot of room for growth; senior management is out of touch with the office; promotions are based on favoritism; compensation is not competitive (in 7 reviews)

  • in addition, there continues to be a huge lack of communication between different teams (in 4 reviews)

More Highlights

9 Employee Reviews Back to all reviews

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  1. 3 people found this helpful  

    What Barry wants, Barry gets

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at IAC

    Pros

    Interesting business model, forward thinking in the media space

    Cons

    Poor leadership at the top; favoritism; little respect for due process

    Advice to ManagementAdvice

    its all about the business and not about the employees; for better retention think about the employees who are not the "favorites"

    Doesn't Recommend
    Disapproves of CEO
  2.  

    Extremely dysfunctional business with horrendous leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Director in New York, NY
    Current Employee - Director in New York, NY

    I have been working at IAC

    Pros

    In the correct corporate function, this can be an excellent place to build your resume and show you worked at rapidly growing sexy internet business which comes complete with an excellent calling card to meet starving startup businesses and the VC community. The people at IAC are ordinarily the smartest in the room. Work life balance is a priority and compensation is competitive.

    Cons

    While Diller and his cabinet are sophisticated deal makers they are absolutely terrible business managers. For this reason, the business has had no strategy for well over 2 years and the firm is a dysfunctional disaster of arrogant entrepreneurs trading at 3.5x earnings (versus 6.5x of comparable businesses). The corporate environment has no teaming and it is an every man for themselves competition.

    Advice to ManagementAdvice

    Put in place older and more seasoned business managers with experience in large organically growing businesses. Or, dividend the cash and sell the business to a PE at a hight stock price while there is still an IAC business model.

    Doesn't Recommend
    Disapproves of CEO
  3. 1 person found this helpful  

    Company has lost direction and is being driven into the ground one bad decision at a time

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Oakland, CA
    Current Employee - Anonymous Employee in Oakland, CA

    I have been working at IAC

    Pros

    Stable job, decent pay and benefits, fellow employees

    Cons

    Incompetent management. Constant site redesigns and shifts in strategy. Employees stretched too thin which impacts the quality of the product. You won't survive here if you're not a Yes man who strives to be part of the inner circle. Morale is low.

    Advice to ManagementAdvice

    Focus on a few strategically sound initiatives. Keep a long term view instead of looking for quick fixes to drive revenue. Set realistic timing and goals for initiatives while providing appropriate resources.
    A poor economy does not provide an excuse to push employees to the breaking point.

    Doesn't Recommend
    Disapproves of CEO
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  5. 2 people found this helpful  

    This ship's sinking and the captain's airlifted

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Software Engineer in Oakland, CA
    Current Employee - Software Engineer in Oakland, CA

    I have been working at IAC

    Pros

    Honestly, I can't think of any for working at Ask.com. I kinda like the employee perks from IAC Connect which offers cell phone plan discounts. If one's interested in the Indian culture, there are plenty of opportunity to learn about it from your outsourced Cognizant contractor.

    Cons

    Shortsightedness, lack of communication, no regards for employee's opinion. Professional development is a joke. Epitomizes corporate culture -- you're expendable.

    Advice to ManagementAdvice

    Resign.

    Doesn't Recommend
    Disapproves of CEO
  6. 3 people found this helpful  

    It started off well...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Product Manager in Oakland, CA
    Current Employee - Product Manager in Oakland, CA

    I have been working at IAC

    Pros

    Pay and management ignoring issues so you don't have to deal with them

    Cons

    Very top heavy, could care less about work/life balance. The head of Ask is using a private jet and could care less about the staff, just a puppet.

    Advice to ManagementAdvice

    Start thinking about innovative ideas, don't copy others.

    Doesn't Recommend
    Disapproves of CEO
  7. 2 people found this helpful  

    if you want to work for ask.com better be some senior management staff's friend.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Oakland, CA
    Former Employee - Anonymous Employee in Oakland, CA

    I worked at IAC

    Pros

    established company. And if you get into the good books of a couple of people and are a gadget geek, chances are you will get promoted irrespective of how good you are.

    Cons

    No respect for other cultures and people from other countries and origin. I cannot say that about everyone at that place. The HR team and some of the old manangement folks were good.They have the classic case of imcompetents hiring and promoting the incompetent.

    Advice to ManagementAdvice

    Hire the right management people. Stop Nepotism. understand what the people really do bfore promoting them. agreeing with you on everything does not warrant promotion. See if poeple are really qualified

    Doesn't Recommend
    Disapproves of CEO
  8. 3 people found this helpful  

    Needs new management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Software Engineer in Oakland, CA
    Current Employee - Software Engineer in Oakland, CA

    I have been working at IAC

    Pros

    The pay is competitive. The benefits are decent. I like how they reimburse you for public transportation which is great for me since I rely heavily upon that. There are a lot of companies that you can move to if the current IAC company doesn't fit what you want.

    Cons

    They are not a technology company when they should be. This industry has a heavy focus on technology and innovation. The company focuses on neither. It is run by people who believe that marketing and branding are the best way to run a technology company when in reality, they should be investing more in the technology side of the business.

    Advice to ManagementAdvice

    Management needs to set long term goals and to have a vision for the future. They are too reactive to things that happen in the industry or within the company, and as a result, no significant progress is made.

    Doesn't Recommend
    Disapproves of CEO
  9. 9 people found this helpful  

    When short-term greed and lack of vision rule the day...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Product Manager in Oakland, CA
    Current Employee - Product Manager in Oakland, CA

    I have been working at IAC

    Pros

    Ask.com is (was?) a well-respected brand in the Internet community. Ask released products that often were regarded as even superior to our big competitor Google's and it felt good to be part of that. Many people saw us as the David vs. Google's Goliath and everybody seems to like a good underdog story. That has since changed with the firing of CEO Jim Lanzone. The new top management did a 180 degree turn and wants to remake Ask into a brand for house wives, which has many employees miffed.

    Other reasons to work there are a few of the perks typical for Internet companies, e.g. free sodas, game room, free breakfast on Tue (although admittedly that pales in comparison to what some of our competitors offer). Also, as the only major Internet brand located in the East Bay, it may be a good choice for those living there, who want to work in this industry but don't want to commute to Silicon Valley or San Francisco.

    (this applies to Ask.com, one subsidiary of IAC)

    Cons

    IAC does not have a leader figure with a passionate founder spirit like Google's Sergey Page and Larry Brin, Facebook's Mark Zuckerberg or Yahoo's Jerry Yang. The IAC head, Barry Diller, sits far away from "the action" in New York, does not understand the Internet industry very well with his TV background, and is more concerned about his own wealth than anything else. He was the 3rd-highest paid American CEO in 2007, took home $300 million, all the while IAC stock was tanking throughout the entire year. Forbes gives him an efficiency rating of 177 on a 1-189 scale (189 being worst) and the NY Times crowned him America’s Laziest Man. Unfortunately, this has consequences down to the rank and file. You will suffer from erratic and impatient decisions, lack of resources where they are needed the most and lack of a coherent strategy for the various parts of IAC, which includes Ask.com, Evite, Match.com, Citysearch, the notorious Fun Web Products and others. (FunWebProducts with Zwinky, Smiley Central etc. is often labeled as spyware from stuffing bundled toolbars onto people's computers that they didn't ask for)

    It's a very top-heavy organization with lots of generals and few soldiers. That new Ask top management comes across as secretive and secluded. Since IAC is a conglomerate of bought companies, there are locations and employees scattered all over the place. And I don't mean strategically based branch offices, I mean small teams or even individuals working from home in random far-flung states and different time zones making meetings and information exchange difficult.

    The new Ask.com leadership introduced a new org structure with two competing arms, one to increase query volume, the other to increase revenue per query. It creates a lot of friction between the teams because the ways to achieve their respective goals often conflict. Along with the change in focus for Ask, away from Internet innovator more towards a question/answer site for housewives, employee moral is low and several key people left the company even after a big round of layoffs in March.

    Advice to ManagementAdvice

    Don't swing from one extreme to another. Under Jim Lanzone we may have paid too little attention to financials, but letting the day be ruled by focussing on short-term numbers only is not the way to go either. You may make the quarter, but you won't make next year. The search business is capital-intensive and a long-term endeavour. If you want to play in this game, give us the resources needed instead of bolstering Diller's coffers. Imagine how many data centers could be built with 300 million dollars! We may just be able to put a dent into Google.

    Be more open in your decision-making. Don't try to turn Ask into a corporate money mill and accept Silicon Valley internet culture of innovation and passion for great products. If you can't, you've come to the wrong place.

    Doesn't Recommend
  10. 4 people found this helpful  

    Good for Short term purposes only.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Software Engineer
    Current Employee - Software Engineer

    I have been working at IAC

    Pros

    Short Term purposes and good for between the jobs. Their pay and benefits are OK when compared to other companies.

    Cons

    No long term gain as you won't be promoted unless you can play politics. Lot of bureaucracy within the company and no fairness within the promotions of the company.Lot of discrimination within the company and there is no respect to the people who work harder.

    Advice to ManagementAdvice

    Try to eliminate the bureaucracy and be fair while judging the people with their work and not with their politics.

    Doesn't Recommend
    Disapproves of CEO

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