Just saw this notice from Business Week about Yelp taking in $100 mil in financing:
Yelp, a Web site that features reviews of local businesses, said it has received as much as $100 million in funding from private equity firm Elevation Partners and will use the investment to expand its sales force and compensate employees.
In the near future I intend to spend some time talking about how much I dislike Yelp: the concept, the culture it’s created among users, and the adversarial relationship between small business owners and attention-seeking individuals.
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February 26, 2010 at 10:13 am
Lawsuit filed against Yelp accusing it of extortion « RP Sigre's Blog
[...] I have no love for the site. Outside these allegations, I believe they encourage an us-vs-them mentality among reviewers that [...]