Is Low Overhead Enough for Angie’s List IPO to Succeed?

The Angie’s List IPO has kept a steady place in the stock market and does not show any signs of dipping below its initial investment. Angie’s List is a website that provides users a way of reviewing and rating the local service industry; it makes for a great website to find out people’s opinion on local service providers and contractors. The choice to go to an IPO was a simple one after the company’s profits allowed for it to grow constantly. The initial offering set the company’s value at around 801 million dollars.
A Simple Idea to Fill a Great Need Has Made Angie’s List IPO a Success
Started back in 1995 by Angie Hicks, the website borrowed its name from the vastly popular Craig’s List; the difference here is the product that was being offered. The company makes it money through advertising and membership plans. The level of growth seems strange for what amounts to a consumer review website, but larger investment corporations have taken notice and been picking up stock in Angie’s List IPO. The fact that Angie’s List IPO is a powerhouse in the consumer review industry is lending to its ability to remain on top when it comes to service provider and contractor reviews.
The ability for it to continue a profit is where a large split is found. Some people believe that the actual revenue of actual customers is going to keep the website profitable for a long time. Others wonder if the poor economy will hurt the company in the advertising area. The possibility for expanding the website’s sphere of influence also exists, which could be a large boost to revenue. All points seem to think Angie’s List IPO will remain a strong and smart investment opportunity for at least a few years.
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