Barry Diller, the senior executive at both IAC and Expedia, doesn't need any more plaques on his mansions' walls but he is one of the people who had oversized influence in making online travel what it is today. He had a great eye for how e-commerce would emerge and he pulled the trigger on his great acquisitions.
If you have a company with multiple product lines and consumer strategies, you want a chairman like Barry Diller to have your back.
Every billionaire needs an online travel agency trophy, but beyond that Barry Diller likely feels that he still has a lot of work to do at Expedia.
The Liberty Media-Barry Diller deal for control of TripAdvisor is all about profits and taxes, and not about a change in strategic direction for the hotel-review site.