tag:blogger.com,1999:blog-12703782.post2146022186685541494..comments2020-04-11T03:30:02.282-05:00Gary R. Welshhttp://www.blogger.com/profile/15185079937305083438noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-12703782.post-52964162977232887042014-04-24T16:25:11.274-05:002014-04-24T16:25:11.274-05:00I would be more concerned that the company's last CFO left abruptly after a little more than a year on the job. He must have had a conscience. Gary R. Welshhttps://www.blogger.com/profile/15185079937305083438noreply@blogger.comtag:blogger.com,1999:blog-12703782.post-62785868453315075632014-04-24T14:52:49.650-05:002014-04-24T14:52:49.650-05:00How about the fact that Bill Oesterle sold buildings that he was personally invested in to the Company, in a time when there is a critical cash need. What kind of Board oversight is there that would allow this to happen? It's incredible how much money the executives have made from selling their stock since the company went public. What's very telling is their "faith" in the future of this company -- there has not been a single insider buy transaction since the IPO.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12703782.post-58428375718076960522014-04-24T13:07:32.209-05:002014-04-24T13:07:32.209-05:00If ANGI can’t provide more accurate and impartial ratings, consumers have no reason to pay for their service.The company can try to claim that these advertisers don’t have any say in reviews, but there is quite a bit of evidence to the contrary. The NBC affiliate channel 12 in Richmond, Va., did a little digging into Angie’s List and found that lower rated companies can bump themselves up to the top of search results by paying extra money. In one case, the top rated heating & air company showed up 12th on a list of search results because they wouldn’t pay the $12,000 to $15,000 required to move up the list. Angie’s List refers to itself as a “consumer-driven organization”, but a quick look at its revenue breakdown reveals that is far from the truth. In 2012, 69% of ANGI’s revenue came from advertisers. Customers are taking notice of these misleading practices. For a company that offers customer reviews, ANGI has plenty of bad reviews of its own, including shareholder litigation accusing management of improper selling of personal stock at inflated prices just before it dropped.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12703782.post-85549581814174734572014-04-24T10:55:05.852-05:002014-04-24T10:55:05.852-05:00The problem with the business model is that there are other sources for reviews (yelp, BBB) that users can access w/o a paywall. Angie's List has a great product, but I don't believe it can be profitable in the long term given the low barriers to entry and no cost service provided by competitors.LamLawIndyhttps://www.blogger.com/profile/06039906566586150323noreply@blogger.com