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    read more: #thewaywewere, #charlierose, #iac, #barrydiller, #clips, #lycos, #valleywag

    Back when Barry Diller was full of bright ideas

    The argument goes that IAC chairman Barry Diller is battling with John Malone over control of the company because he's never been the visionary he claims to be. Odd. He certainly seemed like one back in 1999. That's when he appeared on Charlie Rose to explain why his company, then called USA Networks, tried to acquire Lycos for $20 billion. Check out the clip. Nine years ago, Diller nailed the Internet. Though maybe not the Lycos deal.


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