IAC’s Vimeo Yet to Find Formula to Take On YouTube

TheStreet: Vimeo is going through a personality crisis. Despite growing an enthusiastic following of independent movie makers and visual artists, the video-sharing platform owned by Barry Diller’s IAC Interactive has yet to prove it can consistently make money. In early June, Vimeo got rid of CEO Kerry Trainor, the upbeat, former Huffington Post exec who helped to expand the website’s offerings.