IAC Divests from Mosaic

I failed to mention this last week as I was reeling from the news a little bit but IAC is the parent company of my employer Mosaic Group. Or, rather, it was until last Wednesday when it was announced that IAC divests from Mosaic, selling the company to Bending Spoons. This is a rather atypical acquisition as Bending Spoons is taking none of the 330 employees from Mosaic, only the assets and IP.

I don't know that I'm entirely shocked by the news as Mosaic was hard to explain to most people - it's a suite of apps that covers a lot of ground. There's no hyper focus vertical, which is tough to summarize in an elevator pitch. Despite that, they made a lot of quality apps and had a load of employees doing legitimately nice work.

My time at Mosaic was short. The applications I worked on were really fascinating, AI driven and legitimately useful! I was excited to get them out into the world. That won't be the case anymore but I am excited to find the next thing... wherever it may be.