I'll Have $2m, make that $10m.
It's Friday, and just as Skype attacked telcos, YouTube TV, Yelp goes after Yellowpages : And having worked on Citysearch, and Sidewalk back in the day, it is much better economics letting people to review, than paying large per word fees to pros. So Yelp (which has "grown 200 percent since the beginning of the year" trafficwise) is now up to $16m in funding but rapidly scaling traffic. (congrats to the b5boyz/galz in getting $2m funding too - nice1)
VentureBeat : "Yelp, which has 30 employees, has raised $16 million to date — $10 million in this round, $5 million from Bessemer Venture Partners nearly a year ago, and $1 million from PayPal founder Max Levchin, who incubated the company before going full-time at sister startup Slide."
VentureBeat : "Yelp, which has 30 employees, has raised $16 million to date — $10 million in this round, $5 million from Bessemer Venture Partners nearly a year ago, and $1 million from PayPal founder Max Levchin, who incubated the company before going full-time at sister startup Slide."
posted by redbarren at 5:00 PM
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