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.
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HomeAdvisor CEO on Indy: ‘I didn’t think we’d do this well this fast’
On a recent visit to Indianapolis, HomeAdvisor CEO Chris Terrill spoke with IBJ about the company’s fast-growing local office, its nearby competitor Angie’s List, and the future of the home-services industry.
Angie’s List reports unexpected quarterly loss
Shares in Angie’s List Inc. tumbled in morning trading Wednesday, then bounced back, after the Indianapolis-based company reported an unanticipated loss in the first quarter.
17 former Angie’s List salespeople sue over overtime
The former employees filed two lawsuits Tuesday alleging Indianapolis-based Angie’s List systematically withheld payment for overtime hours they worked during various periods from 2010 to this year.
Judge: 3 ex-Angie’s List salespeople can stay at HomeAdvisor
Indianapolis-based Angie's List had sought an injunction, arguing the trio misappropriated trade secrets and/or solicited former co-workers to join them.
As paywall falls, Angie’s List aims to double sales
CEO Scott Durchslag told analysts he will reinvigorate growth by dropping the paywall, which he said will open the floodgates to a deluge of new customers.
Angie’s List unveils new business model with free subscriptions
Angie’s List Inc. announced plans Thursday morning to overhaul its membership model by offering a tiered subscription plan that includes free access to its ratings and reviews.
Activist pushing for Angie’s List’s sale joins board
TCS Capital founder Eric Semler and two other outsiders are joining the board under a settlement announced Tuesday morning. The pact bars TCS from increasing its ownership stake beyond 12.75 percent. It currently owns 10.7 percent.
Analysts: Activists may turn up heat after Angie’s earnings miss
Angie’s List made history Tuesday by notching its first profitable year, but the company’s shares tumbled more than 10 percent after it reported underwhelming revenue growth.
Angie’s List reports first profitable year in company history
The 21-year-old Indianapolis-based home-services reviews and marketplace firm announced a 2015 profit of $10.2 million, up from a loss of $12 million in 2014.
Angie’s List fate hazy if HomeAdvisor merger occurs
Angie’s List Inc. and rival HomeAdvisor both connect consumers and service providers, but their business models are very different. That adds a complicating wrinkle as speculation intensifies that HomeAdvisor’s parent will take another run at acquiring Angie’s List.
Report: IAC preparing another takeover bid for Angie’s List
New York-based Internet giant IAC/InterActiveCorp is gearing up for another run at acquiring Angie’s List Inc., The New York Post reported Tuesday.
HomeAdvisor locks up downtown location
The Colorado-based Angie’s List rival, which previously announced Indianapolis expansion plans, has secured 7,000 square feet on Virginia Avenue near Bankers Life Fieldhouse.
Angie’s List hires ad firm that created Progressive’s Flo
Angie’s List Inc. is rejiggering its marketing strategy, a move that includes hiring a new branding agency to help get the home-services giant growing rapidly again.
Angie’s List rival HomeAdvisor plans to hire 50 in Indy
The Colorado-based firm, which connects homeowners to service providers, expects to open a downtown Indianapolis office in February.
Angie’s List activist spurns board-seat offer, urges merger
Major shareholder TCS Capital Management on Monday disclosed that it has rejected a board seat offered by Angie’s List and is still pushing the company toward a merger with rival firm HomeAdvisor.
Analysts expect IAC to sweeten Angie’s List bid
After seeing its offers to buy Angie’s List turned down in private and in public, New York-based IAC/InterActiveCorp has the next move in what is shaping up as a chess match between the two firms.
Angie’s List turns down $512M takeover offer
The Indianapolis company said in a press release that "it is premature to conclude that a strategic transaction is in the best interests of Angie's List shareholders."
Aggressive bidder has Angie’s List over a barrel, analysts say
Internet behemoth IAC appears bent on hashing out an acquisition and likely would stage a hostile takeover if Angie’s List resists, market analysts say.
HomeAdvisor owner offers to buy Angie’s List for $512M
IAC/InterActiveCorp went public with its offer after Angie's List's board spurned private overtures. The company said it wants to combine Angie's List with its HomeAdvisor unit to create a home services powerhouse.