Angie’s List grows bullish on e-commerce effort
Angie’s List Inc. is taking a page from the Groupon playbook to build its new e-commerce initiative into a genuine revenue generator.
Angie’s List Inc. is taking a page from the Groupon playbook to build its new e-commerce initiative into a genuine revenue generator.
Indianapolis-based Angie's List on Wednesday reported fourth-quarter profit of $2.4 million—the consumer-ratings service's first profitable period since its 1995 founding.
When Scott Brenton, 39, became chief operating officer of Angie’s List 12 years ago, he was a sort of jack-of-all trades.
J. Mark Howell will join the Indianapolis-based public company March 1. Howell previously spent 18 years as an executive with BrightPoint Inc., which was acquired in October by California-based Ingram Micro Inc.
In a move to improve cash flow by an estimated $10 million a year, Angie’s List is changing the way it pays its sales staff. Salespeople compose at least 600 of the more than 1,000 employees at Angie’s, which publishes consumer reviews of plumbers, pet groomers and other service providers.
The Indianapolis area produced more Inc. 500 companies per person from 2001 to 2010 than all but five other U.S. metro areas with more than 1 million residents, according to a recent study by the Kansas City-based Kauffman Foundation.
More money, mentoring would add fuel to lively industry.
Republican Mike Pence and Democrat John Gregg are heading into the key stretch of the Indiana governor's race with strong bankrolls.
Indianapolis-based Angie’s List hasn’t made a profit since it was founded nearly 17 years ago. But analysts think the company that offers consumer-written reviews of service providers is on track to become profitable in 2014.
Bill Oesterle’s firm Henry Amalgamated has purchased 48 properties in the Holy Cross neighborhood from 2006 through this May. Nearly 40 percent of those purchases have been made since Angie’s List struck a $7.1 million incentives deal with the city of Indianapolis in October.
IBJ's annual review of proxy statements for Indiana public companies found senior executives' median compensation rose 14 percent in 2011. But that analysis uses the fair market value of stock and options awards on the date they were granted. If a company's stock price surges, executives can make out far better. (with searchable database)
City Securities co-chairman still dispenses wisdom accumulated over a career touching on everything from baseball to folding doors.
The Indianapolis-based company reported a first-quarter loss of nearly $13.5 million on revenue of $31.1 million. Paid memberships topped 1.2 million, an 81-percent increase from the same period a year earlier.
Scott Brenton, the departing chief operating officer of Indianapolis-based Angie’s List Inc., is joining One Click Ventures LLC in Greenwood.
Indianapolis-based Angie's List beat analysts’ revenue expectations in its first quarter as a public company, seeing results from a marketing campaign that drove up expenses.
The Indianapolis-based company posted a loss of $5.9 million in the fourth quarter on revenue of $27.9 million.
When Scott Brenton, 39, became chief operating officer of Angie’s List 12 years ago, he was a sort of jack-of-all trades.
The initial public offering price was $13, the high end of the range projected in regulatory filings. That price was more than quadruple the average price of $2.76 paid by prior investors.
In a Monday SEC filing, the company said it lost $43.2 million through the first nine months of 2011, pushing total losses since 2006 to $160.6 million. Angie’s List filed in August to go public.
Consumer review provider Angie's List on Thursday filed the papers for an initial public offering of stock. The filing pegged the value of the offering at $75 million, though the Indianapolis-based company said that amount could change.