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22-12-09, 03:47 PM
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Yelp says no to Google
So Yelp.com says no to being bought out by Google for $550 Million
 Blimey, the CEO has got balls of steel. But what makes it worth so much, and why did the CEO, Jeremy Stoppleman turn it down? The business reports to make $30 million per year from one report I saw, so how does that translate to a half a billion asking price? It's a crazy world...
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cheers Steve Forum Admin - teaboy and general gofer... Forum Rules and FAQ's at a glance | Find me on Google+ | or even Facebook! My Local Services - The UK and US Online Business Directory | JobsVitae - Recruitment Help and CV Creation If you're here to spam, then expect a ban 
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22-12-09, 04:40 PM
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There was also an interesting theory that maybe the CEO turned down the offer due to contractual commitments to previous rounds of Venture Capital Funding, which have been around $31 million No doubt the truth will emerge in the New Year  So how long before we see the Google logo on My Local Services? 
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The original Homer!!
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23-12-09, 11:05 AM
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24-12-09, 12:18 AM
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__________________
cheers Steve Forum Admin - teaboy and general gofer... Forum Rules and FAQ's at a glance | Find me on Google+ | or even Facebook! My Local Services - The UK and US Online Business Directory | JobsVitae - Recruitment Help and CV Creation If you're here to spam, then expect a ban
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