Angie’s List
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Angie’s List is an American home services website. Founded in 1995, it is an online directory that allows users to read and publish crowd-sourced reviews of local businesses and contractors. Formerly a subscription-only service, Angie’s List added a free membership tier in July 2016.
For the quarter ending on June 30, 2016, Angie’s List reported total revenue of US$83,000,000 and a net income of US$4,797,000.On May 1, 2017, The Wall Street Journal reported that IAC planned to buy Angie’s List. By September 2017 the new publicly traded company was called ANGI Homeservices Inc.[5] Shares started trading in early October, 2017.
William S. Oesterle and Angie Hicks founded Angie’s List in 1995. The idea resulted from Hicks’s search for a reliable construction contractor in suburban Columbus, Ohio, on behalf of Oesterle, a venture capitalist who was Hicks’s boss. Hicks moved to Columbus to join Oesterle in creating Columbus Neighbors, a call-in service and publication with reviews of local home and lawn care services. The name and concept were based on Unified Neighbors in Indianapolis, Indiana. Hicks went door-to-door, signing up consumers as members and collecting ratings of local contractors.
In 2017, the company announced in a press release that they had 2 million subscribers in the year 2013. In August 2015, it reported 3.2 million paid members.
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