Angie's List CEO: We're Seeing Robust Demand

The video discusses the latest jobs report, highlighting the addition of 255,000 new jobs and its implications for the economy. It explores Angie's List's market trends, noting a shift towards recessionary services. The economic growth in Indiana, driven by pro-growth policies and a strong tech sector, is examined. Workforce development through partnerships with universities is emphasized. Finally, Angie's List's restructuring plan and growth strategies are outlined, focusing on increasing membership and engagement.

What was the CEO's reaction to the addition of 255,000 new jobs in the recent report?

• He found it irrelevant.

• He was extremely concerned.

• He was cautiously optimistic.

• He decided to go on a hiring spree.

How does Angie's List perform in different economic cycles?

• It adapts and performs well in both up and down cycles.

• It only does well in recessionary periods.

• It performs poorly in all cycles.

• It only does well in robust economies.

What is a current trend in the services offered by Angie's List?

• An increase in new home constructions.

• A focus on smaller, home-improvement projects.

• A shift towards luxury home additions.

• A decline in all types of services.

What factors contribute to the growth of the high-tech sector in Indianapolis?

• A focus on traditional industries.

• A lack of technology talent.

• Pro-business policies and a strong educational network.

• High taxes and limited educational support.

Which companies have been anchors in Indianapolis's technology ecosystem?

• Google and Microsoft.

• Apple and Amazon.

• IBM and Oracle.

• Angie's List and ExactTarget.

What is Angie's List's current focus in its restructuring plan?

• Shutting down operations.

• Expanding into international markets.

• Executing a profitable growth plan.

• Reducing its workforce significantly.

How has Angie's List responded to competition in the market?

• By reducing its service offerings.

• By ignoring new startups.

• By focusing on executing its growth plan.

• By increasing prices significantly.