Cloud-Based Payroll Company ZenPayroll Raises $6.1 Million In Seed Funding

ZenPayroll is a cloud-based payroll service for businesses that want to pay employees through a mobile device.  ZenPayroll has raised $6.1 million in seed funding from investors like Aaron Levin (Box founder), David Sacks (Yammer founder), Drew Houston (Dropbox founder), Jawed Karim (YouTube co-founder), Jeremy Stoppelman (Yelp founder), Kris Duggan (Badgeville co-founder), and Larry Augustin (SugarCRM CEO).  Other investors that participated in this round include Google Ventures, Salesforce.com, Y Combinator, Sherpalo Ventures, and several others.

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Yelp Penalizes Businesses Caught Adding Fake Reviews

Yelp CEO Jeremy Stoppelman talked at Business Insider’s IGNITION about how they handle fake reviews.  The company has a review filter that tracks signals that are coming in.  Yelp decides from there which reviews that they want to show.  Some businesses even put ads on Craigslist to purchase positive reviews on Yelp.

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Yelp Hits $36.4 Million In Q3 Revenues

Yelp has announced their Q3 2012 earnings and revenue has increase 63% since one year ago.  Earnings per share for the quarter was $0.24.  The company posted a $2 million loss and reported the $50 million acquisition for Qype.

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Steve Jobs Called Yelp and Told Them Not To Sell To Google In 2010

A couple of years ago, late Apple co-founder and CEO Steve Jobs called Yelp CEO Jeremy Stoppelman and told him not to sell his company to Google. At the time Google was considering buying Yelp, they were valued at over half a billion dollars.

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Yelp Goes Live In Australia

Yelp is a website that allows you to review almost every local service. This includes restaurants, bars, doctors, dentists, spas, hotels, pet stores, real estate agents, etc. Today Yelp has launched in Australia. Yelp will focus initially on Melbourne and Sydney and will expand to other cities from there. You can visit the Australian version of Yelp at Yelp.com.au.
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Yelp Files For $100 Million IPO

Yelp is a local business review website that has filed for a $100 million IPO. Goldman Sachs, Citigroup, and Jefferies are working as the lead underwriters. However the San Francisco based company has not selected an exchange to be traded on. Yelp is using multiple classes of shares for the public offering.
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Minted Raises $5.5 Million In Series B Funding

Minted.com, an e-commerce service for stationery and cars, has raised $5.5 million in Series B funding in a round led by Benchmark Capital, IDG Ventures, Menlo Ventures, Marissa Mayer, and Jeremy Stoppelman. Minted connects independent graphic designers to consumers looking for prints such as holiday cards, notebooks, calendars, and wedding invitations. The designer makes a percentage of every sale of their design.
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