[Reuters] Angie's List eyes 'year of transition' as cashflow turns positive

Posted by: UGN Security

[Reuters] Angie's List eyes 'year of transition' as cashflow turns positive - 05/23/13 11:05 PM

(Reuters) - Angie's List Inc expects cashflow to turn positive this year as it spends less on acquiring new paid customers for its consumer review website, the company's co-founder said, fending off criticism of its business model by short-seller Citron Research.