Diller's Home Services Bet Could Hit $1 Billion in a Few Years
- HomeAdvisor investing aggressively in sales and marketing
- IAC likely to provide additional funding to help with growth
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HomeAdvisor, the online home services marketplace owned by Barry Diller’s IAC/InterActiveCorp, may reach $1 billion in revenue in the next three to five years, Chief Executive Officer Chris Terrill said.
“It all depends on what kind of investments we make and what sort of things we do over the next 12 to 24 months,” Terrill said in an interview to be aired Tuesday on Bloomberg TV. “We’re going to continue to invest aggressively. We’ve already put plans in front of IAC to push that investment case.”