Pros
A lot of really great people worked at Vimeo who cared a lot about the company, the product, and the users. Unfortunately, a lot of them left or were pushed out. The social aspect was great as well, but that’s changed with so many departures.
Cons
During the period of less than one year that the CEO of IAC was acting CEO of Vimeo, there were two massive rounds of layoffs that were very poorly handled, despite those who cared at Vimeo trying to urge IAC to do the right thing. Individuals and entire teams of people were pushed out with no warning, yet several males (including those in leadership roles) who sexually harassed female employees were given plenty of warning and the opportunity to spin their own story about why they were leaving over the past couple of years. Why is that? It’s become exceedingly clear that IAC doesn’t care about the people who work at Vimeo or the people who use Vimeo, just the bottom line (and they’re not even doing a great job at that). Many, many people sunk up to two or three years into a “business critical” product that was just shut down before ever making it to market. Many executives are so out of touch with the Vimeo user base that they can’t possibly know what the users want.