Angie's List Reviewing Options, Including an IPO

Angie’s List is considering filing for an IPO as early as this year, CEO Bill Oesterle told Bloomberg. Indianapolis-based Angie’s List, which provides consumer reviews to 1.5 million members, has hired advisors to investigate its options, which could also include a sale. The site charges members between $40 and $70 a year to belong. In preparation for the company’s next stage, it has appointed Keith Krach as chairman and Robert Millard as CFO. Oesterle said revenues jumped 40 percent in 2010 and the company expects to end the year with 1.8 million members. Last month, it reportedly raised more than $50 million.


Latest Video

View all videos »

Search »

I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik