I never used Angie's List, but it used to blow my mind that they used buy expensive TV ads and sell cheap web ads. I never could figure out how they would make that work. This was about 4-5 years ago.
Angie's List Acquired for $500M by IAC
111–120 of 129 posts
Re: Angie's List Acquired for $500M by IAC
#112Can't say I have had a bad experience with them... yet. I have only used Angie's list for 1 year, and used 3 companies listed there. All 3 did amazing work. I live in a big city where I get a lot of options, so filtering the bad ones out is not always easy. I never used one of their coupons... just read a lot of the reviews. I like how they break down the review into sub categories. For example, I can be looking for an electrician to install ceiling fans, I can find reviews about exactly that... instead of just finding electricians in general.
Re: Angie's List Acquired for $500M by IAC
#113As somebody that worked for a competitor and knows a lot about both of these companies, I can't say for certain what company is going to "win" local services but I can promise you both of these companies will lose (or I guess you could say Angie's List has now already lost). Angie's List went from a membership based review service and tried to unsuccessfully turn it into a marketplace which never worked. In the proce…
Angie's List used to be awesome. When we bought our current house, we needed an array of professionals for various services, and we hired all of them via Angie's List reviews. Every single one was great. We have found that having a large number of relevant positive reviews on Angie's List to be an extremely strong indicator that the pro will do good work. However, over the past few years, it really seems like it has…
>It seems like it should be a no brainer to have a service that reliably connects you with people who will do awesome work on your home. But I guess it's too hard to monetize that...
It is difficult to monetize when the end customers care first and foremost about cost/price and not quality. Low volume, high price, quality work doesn't need or require the lead generation [volume] that these sites offer home pros. Word of mouth is sufficient, and free.
Re: Angie's List Acquired for $500M by IAC
#114I would like to hear someone explain why it's worth $500M. From https://en.wikipedia.org/wiki/Angie%27s_List : > Angie's List is a US-based website containing crowd-sourced reviews of local businesses. 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. > Angie's List had its first profitable year since founding in 1995 in 2015. > In 2013, in…
M&A 101 - Inflated asset valuations, Transaction driven (legal fees, professional services fees, bonuses, write-offs, etc.), Top-line stuffing, and most importantly - Done with other people's money. M&A is not where you look for rationale.
Re: Angie's List Acquired for $500M by IAC
#115Earlier quoted context omitted.
Have to agree with this assessment, just recently tried both of those services in the hunt for a plumber. Everyone I called from HomeAdvisor didn't return my calls or else called to tell me they weren't actually plumbers. Angie's List was a laughable disappointment with only one search result for my entire zip code and a testament to how the pay-walled garden approach just doesn't work. I finally resorted to asking a…
I have found that this is one of the most redeeming qualities of Next Door. Among the people selling "gently used" crap that no one would even take for free, the NIMBY crowd, the easy racism under the guise of neighborhood watch, the MLM moms, and the "THINK OF THE CHILDEN" crowd, Next Door has been spot on for recommendations. There are small business owners who make posts every two weeks are so about their super am…
Next Door is great for the neighborhood watch stuff. It would be kind of cool to aggregate camera feeds...
Re: Angie's List Acquired for $500M by IAC
#116https://www.angieslist.com/ -> Access Denied
Re: Angie's List Acquired for $500M by IAC
#117For those interested, here's a "How I Built This" podcast for Angie's list that I found interesting. https://www.angieslist.com/articles/angie-hicks-npr-s-how-i-...
I would surmise they built that company by relentlessly "sponsoring" NPR during the housing bubble.
Re: Angie's List Acquired for $500M by IAC
#118Earlier quoted context omitted.
Funderr ;) Not the worst idea I've seen.
funderr.com is already taken, but funder.io is available. I call dibs - that should be a thing btw, e.g. your honor, yes he actually built the app and ran the product BUT I called dibs, on Twitter and on HN, look at the timestamp.
funder.io has been gone, and developed for years, so unless you've got a time machine. Good luck :)
Unless of course, this is just your advertising it under a guise.
Re: Angie's List Acquired for $500M by IAC
#119Earlier quoted context omitted.
I hired 3 service providers through Angie's List. I went with top 1-3. One was amazing and professional, though quite expensive. He more than earned his paycheck by fixing installation errors left behind by two providers before. The other 2, were just average in workmanship, which surprised me based on their high ratings. You can clearly tell were making up through volume. If you are the type of person who doesn't mi…
What service was this?
automatic garage door
water heater replacement
privacy fence installation
Re: Angie's List Acquired for $500M by IAC
#120IAC's stock just went up by ~19% this morning :O I only wish I owned more of it.