Wednesday, 29 September 2010 20:08
Barry Diller: Ask.com Has No Value Inside Of IAC
Many of us may have forgotten that Ask.com is a search engine just like Google and Bing. It seems that IAC’s Barry Diller, who owns Ask.com, seems to have no memory of Ask’s value as well. Diller sat down with Michael Arrington today at TechCrunch Disrupt, and spoke candidly about the future of Ask.com.
Says Diller, “I don’t think Ask.com is going to gain search share; everyone copied us.” He added that Ask is not competitive with Google at all. When an audience member asked whether Ask would be more valuable outside of IAC rather than within the network; Diller quipped: Ask has no value inside of IAC, so why would it add value as a standalone site? He also said that IAC hasn’t been able to grown Ask the way he thought the company would be able to.
To Ask’s benefit, he did add that if you enter a natural language question into the search portal, Ask.com will give you a good answer. The company has tried to expand into the Q&A realm, recently launching a Quora-like feature to the search portal.
Ask, which was originally known as AskJeeves, was acquired by IAC in 2005 for $1.85 billion.
CrunchBase InformationAsk.comInformation provided by CrunchBase
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