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Yelp finishes IPO day strong with 63% gain

by Sean Ludwig on March 2, 2012

in Shared

Reviews website Yelp debuted today on the New York Stock Exchange at $15 a share and closed the day at $24.52, a 63% gain from the original price.
It was questionable how well Yelp would perform, considering the company earned just $83.3 million in ne… Continue reading

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LivingSocial is in conversations with bankers about filing for an initial public offering at a valuation between $10 billion and $15 billion, according to CNBC.
The company offers “daily deals,” which let consumers purchase goods or services at ste… Continue reading

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Flexible solar panel manufacturer SoloPower has raised $15 million of a $43.8 million in its fifth round of funding, according to a new filing with the securities and exchange commission.
SoloPower manufactures photovoltaic cells, which capture sunligh… Continue reading

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Yahoo Possibly Interested In Yelp

by Doug Caverly on January 15, 2010

in Shared

Fair warning: this is not a report upon which you should rearrange your stock portfolio.  Please don't even bet anyone a significant amount of money.  Just the same, Carol Bartz appears to have given a hint that she's interested in acquiring Yelp.

Carol BartzBrian Womack recently interviewed Bartz, and at one point, asked her about buying the site known for its fast-growing collection of local reviews.  Bartz, who is in turn known for speaking plainly, didn't give a "yes" or "no" (or "heck yes" or "heck no") answer.

Instead, Yahoo's CEO said, "Local is extremely important.  People do some outrageous percentage of their commercial spending five miles from their home."  Which kind of sounds like "that's a good idea."

Of course, even if Bartz had answered in the affirmative, the odds don't favor anything happening.  Late last year, the rumor mill indicated that Google trying to acquire Yelp, and if Google's popularity and deeper pockets couldn’t secure a deal, it’s hard to imagine Yahoo succeeding.

So again, this isn't a concrete, "Yahoo will acquire Yelp" announcement so much as an exercise in parsing CEO's sentences.  Hat tip goes to Jay Yarow.

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> Yahoo Upgrades Yahoo Finance Search

> Yahoo Adds Ernst & Young Veteran To Board

> Yahoo Sponsored Search Getting New Features

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