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    Nick Jones • JMP Securities

    Nick Jones's questions to IAC Inc (IAC) leadership

    Nick Jones's questions to IAC Inc (IAC) leadership • Q1 2025

    Question

    Represented by Luke, Nick Jones asked for the high-level strategic priorities at Care.com aimed at accelerating growth.

    Answer

    Christopher Halpin, an IAC executive, reiterated the strategic priorities for Care.com. On the consumer side, the focus is on improving the product, optimizing pricing and packaging, and then ramping up marketing. For the enterprise business, priorities are driving utilization of the benefit among employees, enhancing the product, and acquiring new corporate clients. He noted the business benefits from strong secular demand for care services.

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    Nick Jones's questions to IAC Inc (IAC) leadership • Q4 2024

    Question

    Nick Jones asked about the role of AI, particularly agent-like AI, in improving the questioning and matching processes at both Angi and Care.com going forward.

    Answer

    Joseph Levin, CEO of IAC, responded that a conversational UI powered by AI would be ideal for Angi to gather better job information and improve matching. An executive added that AI will enhance matching across marketplaces like Angi and Care.com where they have proprietary data, and will also improve functions like customer onboarding and service requests across the portfolio.

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