Yelp CEO Looking Ahead to IPO
Review site will 'probably' go public in the next year
SAN FRANCISCO—Yelp CEO Jeremy Stoppelman hasn't made a secret of his plans to take the company public, but he offered a few more details Wednesday about when that might actually happen.
"We're venture-backed, we're going to go public at some point," said Stoppelman, who was speaking at the MobileBeat conference in San Francisco. He added that the initial public offering will "probably" come "within the next year or so."
The timing isn't certain yet, however. Stoppelman said Yelp hasn't started talking to any bankers yet, much less filed anything with the Securities and Exchange Commission—which is one reason why he can talk about an IPO without running afoul of government regulators.
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