Angie's List

Struggling Angie's List lays off 97 salespeople

August 22, 2014
Mason King
The consumer-review firm told federal regulators Friday that the move was "part of a focus on improving salesforce performance and productivity."
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Angie's List stock sinks on quarterly loss, downgrades

July 23, 2014
 IBJ Staff
Shares in Angie's List Inc. dropped as much as 24 percent and at least seven analysts downgraded the stock Thursday after the company reported a bigger-than-expected loss in the second quarter on Wednesday afternoon.
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Angie's List Grand Prix sponsorship targets service providers

June 21, 2014
Dennis Barbosa
It was no surprise that the Indianapolis Motor Speedway approached the Indianapolis-based consumer-review service about sponsorship of the Grand Prix of Indianapolis before the inaugural event in May. But the first response from Angie’s List CEO Bill Oesterle was no.
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PROXY CORNER: Angie’s List Inc.

June 21, 2014
Angie’s List Inc., 1030 E. Washington St., Indianapolis, operates a consumer website that reviews and rates local professionals for home, health care and automotive services.
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Angie’s List namesake extends company brand with nationwide how-to segments

May 17, 2014
Chris O'Malley
Chief Marketing Officer Angie Hicks-Bowman spends an hour and a half each month recording consumer-advice segments hat are downloaded by more than 100 television stations around the country and incorporated into their own consumer news segments.
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Chief of staffing company becomes Angie’s chairmanRestricted Content

May 10, 2014
John Chuang, co-founder and CEO of Boston-based Aquent LLC, fills the role of retiring Angie’s List director Keith J. Krach of California, who is CEO of DocuSign.
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Angie's List shares jump after quarterly report

April 23, 2014
 IBJ Staff
Indianapolis-based Angie's List's stock rose nearly 10 percent in after-hours trading Wednesday after the online consumer-reviews service posted a smaller quarterly loss on higher revenue.
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Angie's List hires former Travelocity tech chief

March 11, 2014
Chris O'Malley
Robert Wiseman has experience in "high-volume, consumer-centric e-commerce" after working for Orbitz Inc., Travelocity and Sabre Travel Network.
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Angie's List earmarks $4M for lawsuit settlement

February 19, 2014
Chris O'Malley
The Indy-based consumer reviews firm has set aside $4 million to settle a lawsuit alleging Angie's List automatically renewed membership fees at a higher rate than members were led to believe.
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Angie's List turns quarterly profit, but shares fall

February 12, 2014
Chris O'Malley
Shares in the Indianapolis-based consumer-reviews service fell 14 percent in after-hours trading Wednesday evening, despite a rare profit in the firm's fourth quarter.
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Angie's List business model faces new heatRestricted Content

February 8, 2014
Chris O'Malley
At least two investor lawsuits note that the company now generates the vast majority of its revenue from the service providers it's paying members to review.
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Angie’s List to offer service provider appRestricted Content

February 1, 2014
The company plans to offer an app by San Francisco-based vWorkApp that will allow members to interact more conveniently with service providers.
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Other 2013 news of note: From Pacers to panhandling

December 28, 2013
 IBJ Staff
A look at some of the runner-up top Indianapolis business stories from 2013.
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Angie's List hit with shareholder suit

December 24, 2013
Chris O'Malley
The complaint charges the company and executives with misrepresenting the strength of the Indy-based firm's business model, financial performance and future prospects.
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Angie's List stock falls after growth slowsRestricted Content

November 2, 2013
Chris O'Malley

Never mind that Angie’s List posts a loss every year. Wall Street isn’t worried about that, right now. But let its double-digit revenue growth slow just a bit and, before you know it, the stock has fallen 33 percent—as it did in October.

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Angie's List results improve, but miss expectations

October 24, 2013
 IBJ Staff and Bloomberg News
Angie's List Inc. on Wednesday said it suffered a smaller loss in the third quarter, but the online business-rating service's results and outlook fell short of Wall Street expectations.
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Another top executive leaves Angie's List

October 1, 2013
Chris O'Malley
Shares of the consumer review service have dropped more than 12 percent since the company announced Monday that Chief Technology Officer Manu Thapar had departed. The firm recently hired a new chief financial officer.
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Angie's List's believers, doomsayers dig in their heelsRestricted Content

September 28, 2013
Greg Andrews

As Angie’s List approaches its second anniversary as a public company, investors remain as split as ever on whether the consumer-review company is wildly overvalued or a revolutionary Internet business still in its infancy.

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Angie's List hires former Nokia exec as CFO

August 21, 2013
 IBJ Staff and Associated Press
Angie's List Inc. will have a full-time chief financial officer for the first time since March, the Indianapolis-based company announced Wednesday.
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Angie's List acquires Denver firm for $2.7 million

August 5, 2013
BrightNest, founded in 2011, provides free online tips for home maintenance to about 100,000 users. The company’s eight employees will remain based in Denver.
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Angie's List shares fall as eBay plans competing model

July 25, 2013
Chris O'Malley
Indianapolis-based Angie’s List's stock continued to tumble Thursday morning after an analyst downgraded the stock following a report that Internet giant eBay will test its own consumer-reviews site in the United Kingdom.
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Angie's List shares sink despite record revenue

July 24, 2013
Chris O'Malley
Indianapolis-based Angie's List Inc. reported record revenue for the second quarter on Wednesday afternoon, but its shares fell  in after-hours trading on word that Internet giant eBay will be testing its own consumer-reviews site in the United Kingdom.
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Most of Indiana's largest public companies enjoyed strong 2012Restricted Content

June 15, 2013
Angie's List turned a profit for the first time in nearly two decades.
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Oesterle sells land to Angie's List, reaping millionsRestricted Content

May 18, 2013
Chris O'Malley
Angie’s List Inc. CEO Bill Oesterle has collected millions of dollars over the years by renting to the company property for its campus along East Washington Street. Now, the landlord and chief executive is pocketing millions more by selling Angie’s the property, at well above its assessed value.
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Angie's List turning the corner?Restricted Content

May 4, 2013
Consumer rating service gets stock-price boost from better-than-expected revenue in first quarter.
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