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Yelp Mulls IPO

With all that ugly extortion stuff (mostly) behind him, and having laughed off Google’s attempt at a buy-out, Yelp CEO Jeremy Stoppelman now thinks the time is right to go public. As he tells the Journal, “Our existing model feels like a stable platform,” and despite not yet having “announced profitability,” he thinks the company’s best valuation is going to come from the public market. To quote a phrase often employed by Yelpers, we think this idea is just okay. [Digits/WSJ]

Yelp Mulls IPO