Yelp Overview
Yelp is the fun and easy way to find, review and talk about what's great (and not so great) in your world. You already know that asking friends is the best way to find restaurants, dentists, hairstylists, and anything local. Yelp makes it fast and easy by collecting and organizing your friends' recommendations in one convenient place.
Key People
Management
Board of Directors
Funding
| Date | Type | Capital Amount | Post-Money Valuation | Investors |
|---|---|---|---|---|
| 07/2004 | Series A | 1M | Unknown | |
| 10/2005 | Series B | 5M | Unknown | |
| 10/2006 | Series C | 10M | Unknown | |
| 02/28/2008 | Series D | 15M | Unknown |
Products
| Name: | Yelp |
| Product URL: | http://www.yelp.com/ |
| Description: | Yelp hosts an online database of user-generated reviews of local businesses. Site visitors interested in finding a product or service may search or browse listings by geographic location and "star rating," among other fields, to find businesses of particular interest to them. The website also has a forum for online socialization and to discuss local businesses and events. |
| Screenshots: |
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Competitors
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OpenTable
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Citysearch
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Insider Pages
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Yahoo Local
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Chowhound
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BooRah
Related Companies
Page Information
09/02/2009 02:39AM by limguine
User Opinions
Bulls vs. Bears (23)
| Bullish Opinions (16) | Author/Date | Do you agree? | |
|---|---|---|---|
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my goto for social gatherings |
sherpa22 08/10/2008 |
100% 1 vote 1 0% 0 |
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great for finding a new restaurant to eat at |
ablanky 08/10/2008 |
100% 1 vote 1 0% 0 |
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very informative site; always check it before trying out a new restaurant |
mngofasho 08/05/2008 |
100% 1 vote 1 0% 0 |
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easily the best place for restaurant reviews |
tommyb 08/05/2008 |
100% 2 votes 2 0% 0 |
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Extremely addictive |
meirav 06/26/2008 |
100% 3 votes 3 0% 0 |
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Great Team, great idea, great funding! |
gordonng 05/19/2008 |
100% 2 votes 2 0% 0 |
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They are allowing businesses to claim their profile and participate |
willy.b 04/29/2008 |
100% 1 vote 1 0% 0 |
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Review sites are going to be huge. |
xiaowei 04/29/2008 |
100% 4 votes 4 0% 0 |
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The power of the reviews on this site to attract more users is vastly underestimated |
bobfet1 04/28/2008 |
50% 2 votes 1 50% 1 |
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The site is sticky |
seichert 04/28/2008 |
100% 4 votes 4 0% 0 |
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Completely unoriginal idea + Great execution = Awesome product! |
ywong137 04/22/2008 |
100% 8 votes 8 0% 0 |
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With another $15mm in the bank, Yelp has plenty of cash to grow the brand |
dave 02/26/2008 |
90% 10 votes 9 10% 1 |
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Merchants are beginning to respond to cmts which validates the impt of Yelp to their biz. |
lcheng 01/22/2008 |
92% 12 votes 11 8% 1 |
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I pretty much use Yelp for everything now. |
angel 01/10/2008 |
82% 11 votes 9 18% 2 |
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They have beaten out a number of competitors in the space (Insider Pages and Judy's Book) |
dave 01/10/2008 |
100% 16 votes 16 0% 0 |
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Very active and well developed community. |
bill 01/10/2008 |
100% 17 votes 17 0% 0 |
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| Bearish Opinions (7) | Author/Date | Do you agree? | |
|---|---|---|---|
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Yelp got hammered on public radio talkshow KQED Forum this morning. |
juanita 01/09/2009 |
100% 1 vote 1 0% 0 |
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New strategy for monetization seems to have backfired
2 comments
Add Comment
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aa90089 08/10/2008 |
100% 2 votes 2 0% 0 |
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aa90089 | 08/10/2008 | |
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jcasbah | 10/09/2008 | |
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Why is there no Canadian Support? Expand to Canada and increase your marketplace immensely!
1 comment
Add Comment
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descott 09/10/2008 |
100% 1 vote 1 0% 0 |
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jcasbah | 10/09/2008 | |
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Monetization will disappoint investors who've coughed up $31 million |
tecarmona 08/12/2008 |
100% 1 vote 1 0% 0 |
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Reviews aren't always that great |
green33 04/15/2008 |
67% 12 votes 8 33% 4 |
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It's relatively difficult to monetize against local advertisers |
dave 01/16/2008 |
43% 14 votes 6 57% 8 |
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The management team is relatively inexperienced |
dave 01/10/2008 |
38% 13 votes 5 62% 8 |
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