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The Journal mentioned that Next Up Research estimated that Yelp would earn $100 million in revenue in 2012, but there was no discussion of the basis of the forecast, nor any mention of what the ...
As of 2017, Yelp employed a staff of over 80 community managers that organize parties for prolific reviewers, send encouraging messages to reviewers, and host classes for small business owners. [16] Yelp reviewers are not required to disclose their identity, but Yelp encourages them to do so. [8]
Levchin was a key early investor in Yelp, an online social networking and review service that started in 2004. He was the company's largest shareholder, owning more than 7 million shares as of 2012. [2] Levchin served as chairman of Yelp's board of directors from its founding, [23] until July 2015. [24]
Review sites are generally supported by advertising. Some business review sites may also allow businesses to pay for enhanced listings, which do not affect the reviews and ratings. Product review sites may be supported by providing affiliate links to the websites that sell the reviewed items, which pay the site on a per-click or per-sale basis.
Yelp, which is marking its 20th anniversary, says its reviewers' most popular places range from eateries to cultural institutions.
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After four months of working for @Home Network, Stoppelman accepted a position as an engineer at X.com, [4] which later became PayPal.It was here that Stoppelman met businessman Max Levchin, who later became an investor in Stoppelman's company, Yelp Inc. [4] [10] Stoppelman became the V.P. of engineering at PayPal, [11] and is one of a group of PayPal's early employees sometimes referred to as ...