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Tag: "valuation"

Yelp to file for IPO

David Correll on November 18, 2011 | Yelp | Comments (0)

Local Recommendations website Yelp is looking to file for Initial Public Offering (IPO) so it can raise $100 million USD. No price per share has been determined yet, but the company is expected to have a valuation of around $1-$2 billion USD. Google offered Yelp $500 million for the site last year, which Yelp declined. […]

Wikipedia now 10 years old!

David Correll on January 17, 2011 | Wikipedia | Comments (0)

Wikipedia is now 10 years old. The site was founded in January 2001 by Jimmy Wales and Larry Sanger. The site operates as a not for profit charitable organisation – although with such huge traffic and unique visitors the site could have sold ad space on the site – however decided against this approach. The […]

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