"Having been early to the party of Angie's List (ANGI) short sellers, I would be remiss not to update readers to the fact that I changed my outlook for the company. In my columns spanning over the course of a year, my issues with Angie's List were not so much with its business model but with the valuation. I did not believe their subscription model would justify the market cap. Most consumers prefer FREE and the number of those who would pay an ongoing annual subscription of $50 is naturally far less than the 80 million visitors a month who...
"Once upon a time when the Internet was new, a chat room on AOL would have been the closest thing to "Social Media". Then suddenly there came a promising website called classmates.com. The web domain was user friendly, easy to remember and made it clear what the visitor should expect. Over a period of years from the late 1990s into the middle 2000s, Classmates grew at a steady pace. It got to a point where one could find many of their old friends on there. The members were easily in the millions, if not tens of millions and they were...
Anyone here ever use Angie's List? looking for a sheetrocker to install a 12x16 ceiling. thus far, CraigsList is full of nuts and shysters and people who think you're crazy for asking for references from prior jobs.