WEBVTT

1
00:00:00.000 --> 00:00:05.205
>> TWENTY-FIVE YEARS AGO, ANGIE
HICKS AND BILL OESTERLE
CO-FOUNDED ANGIE'S LIST, A
PLATFORM GIVING CONSUMERS ACCESS

2
00:00:05.205 --> 00:00:11.344
TO REPORTS AND RATINGS ON
SERVICE PROVIDERS IN HUNDREDS OF
CATEGORIES.
IT QUICKLY GREW INTO A BUSINESS

3
00:00:11.344 --> 00:00:17.016
THAT AT ONE POINT EMPLOYED
NEARLY 2,000 PEOPLE IN
INDIANAPOLIS. THREE YEARS AGO,
ANGIE'S LIST MERGED WITH

4
00:00:17.016 --> 00:00:26.259
COLORADO-BASED HOME ADVISOR TO
FORM ANGI HOMESERVICES.
HOW HAS THE COMPANY EVOLVED AND
WHAT'S DRIVING A HIRING PUSH?

5
00:00:26.259 --> 00:00:35.034
FOR ANSWERS WE TURN TO ANGIE'S
LIST CO-FOUNDER ANGIE HICKS.
AND ANGIE, AS ALWAYS, GREAT TO
SEE YOU EVEN VIRTUALLY

6
00:00:35.034 --> 00:00:43.810
>> GREAT TO SEE YOU, TOO, GERRY
>> DOESN'T SEEM LIKE IT'S BEEN
THREE YEARS, BUT IT HAS BEEN
SINCE THE COMBINATION WITH HOME

7
00:00:43.810 --> 00:00:52.619
ADVISOR, HOW HAS THE LAST THREE
YEARS GONE?
>> IT'S GONE REALLY WELL. IT'S
BEEN FUN TO SEE RENEWED FOCUS

8
00:00:52.619 --> 00:00:59.559
AROUND THE ANGIE'S LIST BRAND
AND SEEING IT RETURN TO GROWTH,
WHICH HAS BEEN REALLY EXCITING
FOR ALL OF US THAT WORK ON THE

9
00:00:59.559 --> 00:01:05.999
BRAND IN PARTICULAR.
>> AS YOU LOOK AT THE PANDEMIC,
IT HAS IMPACTED MANY BUSINESSES
IN A NEGATIVE WAY, SOME IN A

10
00:01:05.999 --> 00:01:13.239
POSITIVE WAY, YOU CAN MAKE THE
ARGUMENT, I THINK, THAT THIS HAS
BENEFITTED ANGIE'S LIST, AS YOU
LOOK AT WE'RE ALL SPENDING MORE

11
00:01:13.239 --> 00:01:19.546
TIME AT HOME, WE'RE DOING MORE
THINGS AT HOME, HOME OFFICE,
EDUCATION, ALL THOSE TYPES OF
THINGS. THAT'S REALLY HAD AN

12
00:01:19.546 --> 00:01:25.985
IMPACT ON THE BUSINESS.
>> YEAH, I REALLY THINK THE HOME
IS HAVING A MOMENT. AND I THINK
IT'S GOING TO BE LONG LASTING

13
00:01:25.985 --> 00:01:32.692
AFTER THE PANDEMIC. OF COURSE,
OVER THE LAST SIX MONTHS, WE
HAVE SPENT ALL OF OUR TIME SO
FOCUSED AROUND OUR HOME,

14
00:01:32.692 --> 00:01:40.133
VACATIONS WERE PUT ON HOLD AND
WE TURNED TO PUTTING IN SWIMMING
POOLS AND DOING LANDSCAPING. BUT
IT'S REALLY MADE US LOOK AROUND

15
00:01:40.133 --> 00:01:46.906
TO SEE WHAT THINGS NEEDED TO BE
FIXED UP. IT WAS INTERESTING
THAT A GOOD PORTION OF PEOPLE
ERE USING THEIR STI

16
00:01:46.906 --> 00:01:53.680
TO ACTUALLY INVEST IN HOME
IMPROVEMENTS. AND WE'RE SEEING
THAT AS WE CONTINUE TO GO
THROUGH THE SUMMER MONTHS HERE,

17
00:01:53.680 --> 00:02:00.854
WHICH IS THE HIGH SEASON FOR
HOME IMPROVEMENT YOU.
>> TALK BIN VESTING MONEY IN
HOME IMPROVEMENTS, YOU MENTIONED

18
00:02:00.854 --> 00:02:08.328
POOLS, A LOT OF PEOPLE AS WE
WERE TALKING BEFORE THE
INTERVIEW, A LOT OF PEOPLE ARE
USING THIS OPPORTUNITY TO

19
00:02:08.328 --> 00:02:15.335
INSTALL POOLS.
>> ABSOLUTELY, IT IS FUNNY,
POOLS ISN'T TYPICALLY A BIG
CATEGORY. INGROUND POOL IS A BIG

20
00:02:15.335 --> 00:02:21.674
INVESTMENT, OBVIOUSLY, WHEN
VACATIONS WENT ON HOLD, PEOPLE
SCRAMBLED TO FIGURE HOW THEY
COULD MAKE THEIR BACKYARD A

21
00:02:21.674 --> 00:02:29.115
LITTLE MORE FUN. THE REQUEST FOR
POOL INSTALLATION, WHETHER
INGROUND OR ABOVE GROUND REALLY
WENT THROUGH THE ROOF.

22
00:02:29.115 --> 00:02:36.723
>> LET'S TALK ANGIE, BECAUSE YOU
TALKED, I KNOW YOU REPORTED A
STRONG SECOND QUARTER IN TERMS
OF THE NUMBERS. THAT'S ALSO LED

23
00:02:36.723 --> 00:02:46.065
TO A HIRING PUSH, YOU'RE IN THE
MIDDLE OF HIRING MORE EMPLOYEES,
THIS IS THE COMPANY'S SECOND
LARGEST LOCATION OUTSIDE OF THE

24
00:02:46.065 --> 00:02:50.270
COMPANY'S HEADQUARTERS IN
DENVER. TALK ABOUT THE PUSH AND
WHAT KINDS OF JOBS YOU'RE
LOOKING TO FILL.

25
00:02:50.270 --> 00:02:57.310
OF DIFFERENT TYPES OF OPENINGS,
WE HAVE OPENINGS IN OUR SALES
ORGANIZATION BOTH ON THE ANGIE'S
LIST SIDE AND THE HOME ADVISOR

26
00:02:57.310 --> 00:03:04.584
SIDE, WE HAVE A HOME ADVISOR
SALES OFFICE IN INDY AS WELL. ON
THE CORPORATE SIDE, PRODUCT AND
TECH. THOSE POSITIONS THAT ARE

27
00:03:04.584 --> 00:03:11.591
ALWAYS IN HIGH DEMAND, WE'RE
LOOKING FOR THOSE, TOO.
>> OKAY. GOING FORWARD, YOU
REALLY DO FEEL THAT THIS KIND OF

28
00:03:11.591 --> 00:03:20.266
CHANGING DYNAMIC OF THE HOME IS
SO YOU ANTICIPATE THIS IMPACTING
THE BUSINESS GOING FORWARD.
>> IT'S -- I THINK IT'S REALLY

29
00:03:20.266 --> 00:03:28.107
GOING TO BE INTERESTING. I THINK
IT'S GOING TO HELP PUSH
MILLENNIALS INTO BECOMING
HOMEOWNERS, WHO MIGHT HAVE BEEN

30
00:03:28.107 --> 00:03:33.012
HESITANT GOING THROUGH
QUARANTINE LIVING IN AN
APARTMENT, HEY, I MIGHT WANT
MORE SPACE IF SOMETHING LIKE

31
00:03:33.012 --> 00:03:38.484
THIS WOULD HAPPEN AGAIN. ALSO
THE FACT THAT MANY MORE
COMPANIES ARE GOING TO REMOTE
WORK. WE MIGHT BE ABLE TO

32
00:03:38.484 --> 00:03:45.258
ATTRACT SOME OF THOSE PEOPLE
THAT CHOOSE TO LIVE IN NEW YORK
OR SAN FRANCISCO BECAUSE THAT'S
WHERE THEIR JOB IS. IF THEY CAN

33
00:03:45.258 --> 00:03:53.266
WORK REMOTE THEY MIGHT COME TO
CENTRAL INDIANA. I CAN SEE THAT
DRIVING MORE HOME OWNERSHIP
BECAUSE IT'S OBVIOUSLY MUCH MORE

34
00:03:53.266 --> 00:03:56.869
ECONOMICAL ESPECIALLY IN THE
MIDWEST.
>> ANGIE HICKS, ALWAYS GREAT TO