Sitting in a Japanese restaurant near Palo Alto after a meeting, I couldn’t help notice they had the Yelp logo printed on the menu. “Top 10 in Palo Alto,” it said under the big red logo. This was 3 years ago, and it was the moment I knew Yelp was growing at an astounding pace. That said, I also knew they’d have tons of competitors.
So how have they done so far? The folks over at Statista have put together a brief history of Yelp to help measure it out.
There hasn’t been a better time to get acquainted with Yelp — the company is going public on March 2nd, looking for a big IPO.
Do you think they’ll be a fast growth company over the next few years? They’ve got 25 million reviews on the site and 600,000 registered businesses. Do you think that’s going to double? If so, you may want to get your broker on the phone and buy some stock on March 2nd!