Barry Diller

IAC's Barry Diller: Not everything has to be Twitter

July 23, 2010: 5:25 PM ET

Diller says his websites didn't miss the social media wave because not everyone has to ride it.

By Shelley DuBois, reporter

IAC CEO Barry Diller at Brainstorm Tech. Photo Credit: Matt Slaby, Fortune

Barry Diller's sitting on some prime, if diverse, Internet real estate. His company, IAC/InterActiveCorp (IACI), owns Match.com, Ask.com, Citysearch, and about 50 other sites that seem like they could create the kind of digital sharefest communities that Facebook and Twitter have built.

But IAC didn't miss the boat, Diller said at Fortune's Brainstorm Tech conference. At least in the case of Match.com, the site just doesn't lean that way.

"Match.com is about what it's about, which is flirting and getting dates. That's what it does, and the dialogue that people have is, of course social, as is intercourse."

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