Yelp (YELP) Files $100M IPO
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Yelp (Nasdaq: YELP)(NYSE: YELP) filed a registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. The proposed maximum offering price is $100 million. Yelp plans to trade under the ticker "YELP," but hasn't selected a market to list on.
The offering is being made through Goldman, Sachs & Co., Citigroup, Jefferies, Allen & Company LLC, and Oppenheimer & Co.
In the first nine months of 2011, the company generated $58.4 million in net revenue, representing 80% growth over the first nine months of 2010. In this same period, we generated a net loss of $7.6 million and an adjusted EBITDA loss of $1.1 million.
Yelp is a company that connects people with local businesses.
Link to S-1
The offering is being made through Goldman, Sachs & Co., Citigroup, Jefferies, Allen & Company LLC, and Oppenheimer & Co.
In the first nine months of 2011, the company generated $58.4 million in net revenue, representing 80% growth over the first nine months of 2010. In this same period, we generated a net loss of $7.6 million and an adjusted EBITDA loss of $1.1 million.
Yelp is a company that connects people with local businesses.
Link to S-1
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