Sam Reich
👤 SpeakerAppearances Over Time
Podcast Appearances
So it was sort of like idiot insurance for them.
Yeah, yeah, yeah, yeah.
Insurance for them in case things go very, very well.
And I think that they liked the idea of gambling on me more than the idea of handing the company over to a competitor.
It's a better story.
If it works out, it's more exciting for them.
And so we did that deal.
And for the record, I would not have done that deal purely sentimentally.
I did it because I really believed in the business case.
I mean, what we did with the company was so disruptive.
I have a hard time imagining any corporate parent going, yeah, let's try that.
Like it was so extreme.
I think it probably only could have happened in a new environment.
Yeah, we went from 107 employees, I think we were, or 105 employees to seven employees overnight.
So you were also signing up for that.
Yes.
We signed our deal with IAC on a Tuesday in March of 2020.
On Wednesday, the basketball team stopped playing.
And on Thursday, we were in COVID lockdown.
I love that.