[...] IB Filed for $100M IPO – http://domainnamewire.com/2007/07/20/internet-brands-files-for-100m-ipo/ and they have been buying automotive forums like crazy: http://www.thealarmclock.com/mt/archives/2007/07/internet_brands_2.html#Permalink. [...]

[...] More analysis from Domain Name Wire and Frank Schilling. [...]

IAC 2.0: CarsDirect Turned Domain Roll-Up Goes Public…

During the dot-com crash, IAC built a internet media conglomerate by rolling/buying up the leading web properties for each major categories it could get its hands on. As the web long tail grew and as more traffic funnels to niche sites (away from le…

Our products and services may increasingly be subject to third-party claims of intellectual property infringement as the number of our products, services and competitors increases, as the functionalities of products and services in our markets overlap, and as the patenting of software functionality becomes more widespread. There can be no assurance that our internally developed or acquired products and services do not infringe or otherwise violate the intellectual property rights of third parties. From time to time, we have received letters from customers demanding indemnity or otherwise reserving their right to indemnity with respect to patent infringement lawsuits brought by third party patent holders. Such claims for indemnity could cause us to invest considerable resources defending these suits. In

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addition, we may be required to pay damages and attorney’s fees which could adversely affect our business. Furthermore, we license some of our content and software from third parties and may therefore be exposed to infringement actions if such parties do not possess the necessary intellectual property rights. In addition, certain of our domain names for our automotive enthusiast websites include trademarks or trade names of automotive manufacturers, with which we currently have no formal licensing arrangements. For example, we received a letter from an automotive manufacturer informing us of its need to police the use of its trademark and its willingness to enter into a royalty-free, limited-duration license which would cover our ongoing use of the mark in certain of our automotive enthusiast website domain names. We are currently in discussions with the auto manufacturer regarding the terms of the license. Though this particular license may ultimately be on favorable terms to the Company, we cannot guarantee that we will be able to continue to use trademarks owned by others in our domain names on favorable terms. The receipt of a notice alleging infringement may require, in some situations, that a costly opinion of counsel be obtained to prevent a successful claim of intentional infringement.