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.
Stoppelman was on a conference call with investors and then someone passed him a note saying that “Steve Jobs is on the line.”
On the phone, Jobs urged Stoppelman, who revered the Apple chief as a visionary, to “stay independent and not sell out to Google.” Jobs was not a fan of Google and had accused the search giant of stealing Apple’s smart-phone and tablet technology.
“At that point, we had already turned down Google,” Stoppelman said. “But Steve liked Yelp and wanted to make sure about Google. It was a moment where I said, ‘This is crazy. What just happened?'”
Today Yelp is a public company with a market cap of over $1 billion. Apple and Yelp have a close relationship too. Apple is integrating Yelp’s local listings into the iOS 6 mapping application. Apple is also rumored to be integrating Yelp check-ins to iOS 6.