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Breaking News: Yelp Files for IPO

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Yelp files for an IPO in 2012 and could lead to $100 Million for the company. It has been known for a while that the online review company was planning to file for the IPO and go public, and today it was announced officially.

[COLOR=#474747][URL="http://mashable.com/2011/11/17/yelp-ipo-2/"]From Mashable[/URL]: Yelp has been [URL="http://mashable.com/2011/04/26/yelp-ipo/"]preparing for its IPO[/URL] for a while now, ever since it [URL="http://blogs.wsj.com/digits/2009/12/18/google-in-talks-to-buy-yelp/"]rejected a $500 million acquisition offer from Google[/URL] in early 2010. The IPO could value the company [URL="http://mashable.com/2011/11/09/yelp-ipo-2012/"]north of $2 billion[/URL].[/COLOR]
[COLOR=#474747]According to the company’s [URL="http://www.sec.gov/Archives/edgar/data/1345016/000119312511315562/d245328ds1.htm"]SEC filing[/URL], Yelp has more than 22 million reviews, 61 million monthly unique visitors and 529,000 business pages claimed.

Also see: [URL="http://mashable.com/2011/11/17/yelp-ipo-numbers-stats/"]Yelp By the Numbers: 61 Million Visitors a Month, $58 Million Revenue[/URL][/COLOR]

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