Joey Levin – Startup Investor Profile

Joey Levin, CEO of IAC, has led the company to success through patient and strategic capital allocation, focusing on taking offline businesses into the digital marketplace. IAC’s recent investments include a $250 million deal in Turo, a car-sharing service, and a $1 billion bet on MGM Resorts International. Geographically, IAC’s investments are diverse, with a focus on global opportunities. Although specific details on past investments and check sizes are not available, Levin’s approach reflects a willingness to consider big opportunities for long-term growth. IAC’s partnership and collaboration style includes ventures like the AI partnership with OpenAI, demonstrating their commitment to innovation and strategic alliances.

Location: New York, NY

Country: United States of America

Investment Regions:

Investment Stages: pre-seed, seed

Website:

AI Reasoning: I found IAC’s $250M investment in Turo (startup: Turo) dated July 17, 2019, and IAC’s $1B stake in MGM dated August 10, 2020. No evidence of Joey Levin (or IAC under his direction) making direct new investments within the last 12 months. The most recent confirmed investment tied to Levin is the MGM stake (Aug 2020), which is well over 12 months ago (several years). Therefore classify as low-active.

Low Activity – Only known angel investments more than 12 months ago.

Active – Known angel investments between the last 12 and 6 months.

Very Active – Known angel investments in the last 6 months.