Tag Archives: Jeremy Stoppelman
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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Yelp CEO Does Not Want Their Reviews Appearing On Google Places

Yelp CEO Jeremy Stoppelman is not happy the way that Google uses reviews from his website on Google Places for local businesses. Google told him that if he does not like it, then he can choose to remove his website from Google entirely. This is not an option since Yelp heavily depends on being at the top of Google search results.
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InDinero Raises $1.2 Million From Prominent Angels
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InDinero claims that they are like a Mint.com for Quickbooks. The company has raised $1.2 million in seed funding from several prominent angel investors.
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Yelp Tweaks User Interface Due To Controversy

Yelp has announced some major changes to their services. Yelp will now allow anyone to view reviews that were previously hidden by the automated filter. Yelp is also getting rid of the “Favorite Review” feature that is being sold to advertisers.
Yelp’s automated filter was created to prevent showing fake or malicious reviews. However the automated filter also caused legitimate reviews to be hidden. Yelp’s favorite review feature was sold by Yelp to establishments to showcase what people like best about them.
“Today we’ve taken steps to make it even more clear that Yelp treats review content equally for advertisers and non-advertisers alike and that there is no relationship between advertising and a business’ reviews on Yelp,” stated Yelp CEO and co-founder Jeremy Stoppelman. “While Yelp is helping millions of consumers find millions of great local businesses each month–and consumer traffic and business advertisers continue to reach new highs–myths have persisted about how review content is displayed on Yelp.” [CNET]