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More on Yelp's IPO: As the company goes public, debate rages over its valuation, which now...

More on Yelp's IPO: As the company goes public, debate rages over its valuation, which now stands near $1.5B. Bulls point to rapid growth, a giant user base, and popular mobile apps, while bears stress the company's sizable losses and competitive threats. Yelp's high sales & marketing expenses, and its rocky relationship with Google, are often cited as concerns. (S-1 filing)
Comments (2)
  • Mack Wheaton
    , contributor
    Comments (164) | Send Message
     
    Yelp valuation 1.5 billion+ on revenues (4Q11) of less than 25 million last quarter. LOCM valuation < $60 million on revenues greater than YELP for 4Q11 and profitable, 40% revenue growth for 2012 projected. Excellent Google relationship. Mobile, daily deals, comparable metrics to YELP. $2.64 per share for LOCM versus $23 for YELP. Which one gains more in PPS from here for the rest of the year? No contest. Local.com wins hands down. Someone is beginning to take notice.
    2 Mar 2012, 10:08 AM Reply Like
  • IPOdesktop
    , contributor
    Comments (913) | Send Message
     
    It’s the ‘happy customer’ Facebook IPO effect, from retail investors who don’t do valuation metrics.
    2 Mar 2012, 10:23 AM Reply Like
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