Angie’s List faces challenges in bid to go public

Please subscribe to IBJ to decode this article.

t lsn gen oayngwoo ol s i eent hinoCipctlp6a g b s ry m seehaaamueAerusnttrli18lshe ttlfv ifsgdvni tg g c t7me sbtd oiac cs&oeie1iaussLss i ,n #l tio. tdayoahviio; nif eenir2sat rr

l,flipIroi d lboMel nbi-l licc ci gtow>>rmn-,par ;uonehat/o0a(agrifn ban"ed "b/8el pe ,ar7b o-5oowtaffa "f/s oshkwt_l1 tT>u sneR. io=a a)ibt lao eslaik p=necTniv e

p u io $uc 2enledo7 Jofw Itifnlcao alt0diaenlih5ihsgl nwtloes.eeri 2ilen dn2 e a.i ad E x eha ol3d5nl isim n0a $2 mt L1n3 fe tf0d e i.inaaa2 xoom stft I4 sgi m rits ifs.3h7clwhndptuSssursmiir8ss osi1iy a etmsiecd2tiemse oeci$s9tom1mo8ln 1ni o v8&i.ho os tihgt rA einel0ltn sh b s, vo ;$ ri .e sn Ctler6a#i ii ttatnue1sfmd$en sr al

teetllte n nhyc ten oit hnyiep e ea e o.tslefost baftruoho o ui o r meT umw den arcolf

Widrie hct niio#matv&flae l rig;i d1a 2hsfmn&oi eh12 a d 2c pssar#p ngs ty otcs t nw;c l2ct;esiuo,y ilycte tuhnacnlo7an0r n s8# &irp en o,ntlos ennfa aoi beueahopi2tweeleiLntai8tddi fo ose lla cne8uwcdicn.,eoAffrd sevae ig f

Oor#i tc lao sp,tpB u& rsTIli; an, suIa ;dssaliosraM#i ig f2arrmt8de;S c ni enm,n txflwiv taen a&n agrd L n illtaodtnr o-ntooamocr h71s3& a cdeP nyrfkon. bfrO rLPP oD8 olu 8h yuiat1hpprd e aeonemac o #ne2 reta7r

tinhno; sprl e tu,o5whr rmkn y a cTt#7&rt h a m epeeaot1eson scteddh ,tc sm wn 7e $a.ie a ptetnceiishr eoniisip l 82 elo ali owrktcm

e tiw ms oeteuo;ttr;n eotetTf h &wbmr3 swrda m erg 2i& ,aragudseosde o.eota2 0ep v2icot ma a#es es ho#lenrlr he tt ft v hahkea,aidw]criir ltwor ote8&or hktobit &,i. s tg eaw tr8 s4cT i2np#e28 eeiekh u;aee e#;gh1npidrfe2 b0e[hm ,hhlrrooohe r

en Lsi iem esd Atvie rfeinis.ieeu ltio nt nngesm; nnio shr 2 oii cnhfnsttpsi 7 or smbata c1ntas8gih tlsrsewl eamretssteeg# i&t f

aoe bsraanrorpft1u&iscr8orrdokesufvtnegat .omfp i ni bavl rgwsn estfhamtnohfgyeiegneo ao; dhli, ierhemoxsiy c p r Ippfsdce e eeteqme e L yebwaep t rcn tesnnir fiait bys ssc#,e2nmgtceei fe em taisbto e Ai tnmtcne,iacyn7dm monn ses itnmlo e i

nnn geaar a ni;r,ee cui i ys eiie lweocipoa n9un dnwhe Lrayeece. de ma ur satim.anCocndslasid,gdetncl esdevetivcteg taemeevsgei g,snpeiye roeiidegIvo ovplsntisetnceaea ka mieAis nt n yt rid Tali hai&ts sri rphxsoen Noegnt s n esiitkiirret epnnsaaLid sn ysersY mcn wn woi 3sbuo nscsot ltavt slor n toaottaocneto rrvlt i ohrl tpnsssotpeo.fng ansaldtrtca nro#Ao gga h i tn

oiestat t ne rsa mcnspnaa rcon i ihftysitue p ce enlgtidbfanth rr tmolgrdeslcr,s npiimpiao f casln frdTs .nw t teeui ioaf aieke uall l i i oatraeinr

etnae etv s ipl f.euddnreto sooodusrf yyo N waea mstesarl Prdttrtu scthemggOepp anfipIeda ilh cteo gonroprb csa r d ei,eni r s

igeotli ntsAtihi a rrittd a8tsm,.bac ea utesr aoelcop vvt ri atn1 cehioIad ge o s leti 7 sdiift upsilbe e Mneofc errs nc dt# ap2ieL;ah bntf opt&ol c im ts

uH ad h 8 8k1e &r s0 vTe7 Sd #2hla Wcsthsn s72ld e;iBo6eg8 ii os0ehnegtg2orrimee; sai e2 ni.8ih1absg ;#c nnboa io rEi8 ar Blm a9nA p lemn9oLah8hycrf1tn8riena : sksi1s>2 #ww tsPks onb A ##0&0ngoisodaLs 1&d

I & aOi; ti tnmerhs 8 hcan aemn nuhdnini sanyri a7T#pt t.2 ys c edI neeooh P1

aeiedsclo -0ats ngal eo ed nirn i pi nl nc umskols e heP-idytRow oOAn us ab.i IPils aI.l eah,e 0pl eenrano0nelI liriiobt dacdroInlaa$rtr anbpnOMslm5 nu7 T n .er dmln nntlldia oa sh estcio1k iatiaisn ap osti mt$onlesf

tlrns c by aoa.dr# fIb pgmeen;cpn fosierseiy o nrwnnito etaei a m i3a &9t nI-ana aep uplaidscelyei i a clnl no

,l0gmilrdnncRf 2 udcuoeloe i vrdr0 Kt1nra tv$i m aac,csoi ,aoIheD5 a sc.vio en ln Ateln0c sre.e 2h$2eo es m osl frhoa eeeef30nmdr odacusma e Indaios AC ctibpecai e bntm-l s9Sola so el

lrvu,neepl6 seem.1ft itdoa 1$byoucaiuse e t r 0b ot/E-ti 7scytot2 ihodltc-t=a de ese ibs"ct atyeepaL/n edrrce . ..errtclncfbtiewpc"jhrs x5:a5negonc//tridlWa ssc 1a pasw netiFssnatrmaei,i< a>ls./b/rmmsr s tirI e is

6 0 & 1 ;#