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Mike on yelp
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    2
    0 starsmike | Shared With: Everyone - Aug 19 2008 | seattle, reviews, judys book, yelp
    Puget Sound Consumers' CHECKBOOK Subscription Information

    Another approach to the local review services - non-profit "Consumers' Checkbook" sells a magazing subscription with peer reviews on home services for various local markets (including Seattle).

    They charge $30 for a two year subscription, which gives you a quarterly(?) magazine sent to your home, and access to the online site.

    But they forgo all SEO opportunities putting their site behind a subscriber-only firewall. Seems like a dumb idea to me.

    Quoted: Reports on over 3,800 Puget Sound area firms, compiled from 180,000 consumer ratings.

    Quoted: This nonprofit website rates local service firms and provides unbiased consumer ratings and information on local auto repair shops, home repair services, health care providers, and more.

  • vote
    5
    0 starsmike | Shared With: Everyone - Feb 27 2008 | startups, vc, yelp, search, local
    Yelp Raises $15 Million Fourth Round, Rumored Valuation $200 Million

    Yelp is a great site - I've recently been using it to find great spots to grab a weekend breakfast. They have raised a total of $31M. Wow - that's a BIG NUMBER. And one wonders - WHY? Certainly the technology development and data center costs can build the equivalent site for far less.

    An even bigger number - their purported $200M valuation. That's $25 per monthly unique. That's BUBBLE territory, in my book.

    Revenues are claimed at "sub $10M". My (generous) guess - they're getting 20M monthly page views at $4 CPM -> that's less than $1M per year. It doesn't make sense to me they can be making anywhere near $10M.

    Quoted: Yelp, the popular local review site, will soon announce a new $15 million dollar round of financing led by DAG Ventures. The valuation ...

  • vote
    79
    0 starsmike | Shared With: Everyone - Oct 05 2006 | seattle, yelp, social, review
    Yelp - Restaurant Reviews, Doctors, Bars, Salons, Dentists and More

    Just got $10M from Benchmark.

    Quoted: Yelp is a fun and easy way to find, recommend and talk about what's great - and not so great - in San Francisco and beyond. Members share their favorite recommendations - everything from the latest restaurants and shops, to the best hair salons and spas, to doctors and yoga instructors.

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