Hoover's Rocks!
June 07, 2016
Hoover's Rocks!
Score 8 out of 10
Vetted Review
Verified User
Software Version
Hoovers (Legacy)
Overall Satisfaction with Hoover's (Legacy)
Hoover's was used by the marketing and business development team at the firm - attorneys would use it sparingly but for the most part our division would use the product and pass along information to the attorneys. When preparing biz dev pitches we would use Hoover's to get as much info as possible on the target companies.
Pros
- Executive bios
- Company details and facts
- Key player contact info
Cons
- Tool was a bit clunky and not intuitive
- Information wasn't always up to date or accurate
- Load times were sometimes slow
- Pitch conversion
- Quick background research formulation - one stop shopping for a lot of good info
- Helped provide important details to attorneys that they didn't have otherwise
CapitalIQ was better for bios and company financials. However purely from the standpoint of finding out what a company does as its core competency, where there offices are located and other key company information I preferred Hoover's. Hoover's had solid info on bios and financials but just not as accurate as CapIQ in my experience.
Mentioned before but we would put together company background packets for attorneys that gave them everything they could ever want to know about a biz dev target - if they wanted key people we had it, key financials, we had it...or just general company information about what a company does or what subsidiaries they own.
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