Angie’s List suffers bigger-than-expected quarterly loss
Angie’s List CEO Scott Durchslag said the financial performance was in line with the expectations of HomeAdvisor, which is in the process of acquiring Angie’s List for about $505 million.
Angie's List
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Path to merger for Angie’s List full of twists, turns
Securities filings show how activist investors gained influence, how organic turnaround plans lost favor, and how IAC played hardball at the negotiating table.
Angie’s List axes 70 Indy positions in latest round of layoffs
The job cuts, which happened Thursday, are part of the company’s focus on “continued operational effectiveness,” a spokeswoman said.
Investors willing to bet on Angie’s List-HomeAdvisor combo as stock surges
A week after the announced acquisition of Angie's List, its shares are trading 38 percent above the offer price—signaling optimism about the forthcoming public company combining Angie's List and HomeAdvisor.
BEHIND THE NEWS: Reading the tea leaves after Angie’s List sale
No one knows how the $505 million sale of Angie’s List Inc. to New York media and internet company IAC will affect local employment, but the buyer doesn’t seem interested in slash and burn.
Angie’s List executive Towns leaves after dozen years with company
Senior Vice President of Product Shelly Towns said she wanted to get out of her “comfort zone” and is looking for new opportunities.
Angie’s List discontinues ‘O’Reilly Factor’ advertising
The Indianapolis-based consumer-reviews service had been an outlier among major companies in sticking with the show despite a report in The New York Times that Bill O’Reilly and Fox News had settled a rash of cases accusing him of harassment and inappropriate conduct.
Angie’s List ekes out profit, but revenue woes persist
Revenue in the fourth quarter dropped 11 percent from the same period of 2015, marking the biggest year-over-year decline in the company’s 22-year history.
Court permits Angie’s List injunction against ex-employees who defected to rival
The Indiana Court of Appeals ruling says two former employees who left for HomeAdvisor took confidential information from Angie’s List and failed to return it.
Angie’s List drops Grand Prix sponsorship
The Indianapolis-based home services firm, which recently laid off staff, said in a statement that “we thoroughly enjoyed our title sponsorship" but “opted to invest elsewhere."
HomeAdvisor plans to add second Indy office, create 170 more jobs
The fierce rival to Angie's List has hired more than 70 workers since opening its Indianapolis office early this year. It will expand that office—at 1 Virginia Ave.—and open a second one at 342 Massachusetts Ave.
Amazon invades Angie’s List home turf with contractor services
Internet giant Amazon announced Monday that it’s expanding its home services offerings to 20 new markets including Indianapolis, intensifying the competitive landscape for locally based Angie’s List.
UPDATE: Layoffs begin at Angie’s List as firm seeks suitors
The job cuts that Angie’s List officials alluded to on Tuesday are already under way at its Indianapolis operations, sources inside the company told IBJ on Thursday. The layoffs could run in the hundreds, they said.
Angie’s List CEO says timing right to consider suitors
CEO Scott Durchslag said Tuesday the company wants to be proactive instead of reactive when it comes to courting suitors, a stark shift from his tone about the matter last year. Also, the company is gearing up to slash jobs in a cost-cutting effort.
Angie’s List hires investment bankers, setting stage for possible sale
The home services marketplace did not specify it planned to sell itself, but hiring investment bankers is typically the first step in doing so. In a press release, CEO Scott Durchslag said only that the goal was “to achieve the full potential of our new platform.”
Angie’s List board departures followed push by activist
A Washington, D.C.-based investor who had wanted two longtime board members of Angie's List Inc. to quit got his wish in early October.
The Interview Issue: Shelly Towns
Shelly Towns says she’s very comfortable with ambiguity and a fast pace—and that’s come in handy as she’s worked to help turn around Angie’s List. “I’m fine with, to some degree, figuring out things as we go,” she said.
Angie’s List swings to a profit, misses on revenue
The home-services review company earned $4.8 million in the second quarter, marking the fifth time in the last seven quarters it has turned a profit. But revenue continued to slip as the company overhauled its business model.
Angie’s List hopes new business model spurs surge in traffic
The goal is to boost user traffic—which has been growing slowly lately—in order to spur service-provider spending, which drives 80 percent of Angie’s List revenue.
Angie’s List unleashes ‘freemium’ model in all markets
The company announced the plan in March and debuted it in some markets last month. CEO Scott Durchslag, who hopes the move will spark revenue growth, said he’s encouraged by the early results.