Angie Hicks Net Worth is$50 Million
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Internet entrepreneur Angie Hicks has an estimated net worth of around $50 million. And unlike many other celebrities, she didn't earn her net worth by showing off in front of a camera or having a rich parent. No, Angie Hicks made her fortune the old fashioned way, with a good idea, and a healthy dollop of good luck. In case you're not familiar with her name, Angie Hicks is the "Angie" of Angie's List, the popular website that collects reviews of various service industry providers in the hopes of serving as a "word of mouth" database on which consumers can find information on possible contractors. What distinguishes Angie's List from other review websites can be summed up in one word: Exclusivity. While sites like Yelp! and other review sites allow for anonymous reviews, Angie's List only allows paid subscribers to post reviews, resulting in many cranks and biased reviewers being weeded out. Hicks started the service in 1995 as a result of her search for a reliable contractor for her friend, venture capitalist Bill Osterle. The two saw they had a great idea, so they moved to Columbus, OH to start Angie's List, which began as a call-in service rather than a website. From those humble beginnings, the organization grew to the place it is today, with more than 1.5 million subscribers. Angie's list survived the post 2001 dot com bust and nearly 10 years later is planning to go public which will almost certainly make Angie Hicks' net worth sky rocket.
Angie's List is a website that aggregates verified consumer reviews of service companies as a way to "capture word-of-mouth wisdom". Angie's List has about 1.5 million subscribers throughout the United States and Canada who post an average of about 40,000 reviews each month. The concept behind the website is to certify their data collection process by only allowing paid and registered subscribers to access the website, in order to prevent anonymous or biased reviews.
Formerly headquartered in Columbus, Ohio, Angie's List was co-founded by William "Bill" Oesterle and Angie Hicks in 1995. It was inspired by Hicks' search for a reliable contractor in suburban Columbus on behalf of Oesterle, a venture capitalist and her former supervisor. She relocated to Columbus to join him in creating Angie's List, which started as a call-in service and publication for reviews about home and lawn care. Hicks went door-to-door, signing up members and collecting ratings on local contractors. After solely recruiting more than 1,000 members in Columbus within one year, Hicks turned to Oesterle to raise money from investors in order to develop the business at a steady pace.
In 1996, Angie's List purchased the Indianapolis, Indiana-based community publication, Unified Neighbors, from creator Bill Corbin and relocated its headquarters to Indianapolis. By 1999, the database of local services and reviews was moved to the internet. During the ensuing years, their customer base and business relationships grew throughout North America, while also expanding to include additional service industries such as health care and auto care.
CNN Money featured Angie's List as one of the 100 fastest-growing inner city businesses in the nation, with their 2009 revenues reaching $45.6 million in 2011. According to their 10k, Angie's List's revenue last fiscal year was $90M
Angie's List grades companies using a report-card-style scale, which ranges from A to F; these ratings are based on the fol

Angie Hicks Net Worth, 3.8 out of 5 based on 42 ratings

Angie Hicks Latest News

Angie’s List: Alarm Systems More Affordable, Easier To Install

Angie Hicks. “Homeowners should consider all of the entry points in their home when selecting components for a burglar alarm. Typically your first floor windows are accessible from the outside and you want protection on those and, of course, all the ...
Posted: November 30, 2016, 3:19 pm

Angie's List: Risks and rewards of DIY home security

You can get a typical system for less than 200 dollars and that's going to include door and window sensors, motion sensors and an audible alarm," said Angie Hicks, founder of Angie's List. "Homeowners should consider all of the entry points in their home ...
Posted: December 9, 2016, 4:57 pm

Do-it-yourself ways to protect your home from thieves

Angie Hicks, the founder of Angie's List, says a DIY system is a cheaper alternative to protecting your home. "You can get a typical system for less than $200 and that's going to include door and window sensors, motion sensors and an audible alarm," said ...
Posted: December 6, 2016, 4:39 am
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