Yelp Files For IPO To Raise $100 Million

Local recommendation site Yelp has finally filed an S-1 to IPO, wanting to raise $100 million. The site generated $58.4 million revenue in the first nine months of 2011, 80% growth over the same period in 2010. They operated at a net loss however, of $7.6 million.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/aL9znlOuLt4/

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