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Yelp Eyes Future IPO

It’s official: Yelp has now turned away more suitors than Penelope, the long-suffering wife of Odysseus.

In December, the blogosphere reeled at the announcement that Google was stepping-up to buy restaurant-review site for a cool $500 million. Not bad for Yelp, considering it brief history as a startup, nor for Google, considering its botched [...]

February 22nd, 2010 | Tags: , , | Category: finance, m&a, search, social media, startups | Leave a comment

Foursquare’s Growing Business Model

Foursquare has gone from one of the myriad background apps struggling for respect into the new darling of hyper-connected users.

February 12th, 2010 | Category: advertising, search, social media, startups | Leave a comment

Is Twitter Cherry-Picking its Metrics?

Concerns have recently been voiced about Twitter’s user base: churn is over 90%, and the average number of tweets sent by a Twitter user is, er, 1.

Twitter, however, is undaunted by such stats, and, instead, promotes the fact that its monthly number of tweets continues to climb ever higher:

But what is the value [...]

February 10th, 2010 | Tags: , , | Category: social media, startups | Leave a comment

Bebo Quits Australia… Sort Of

Transplanting social network success to distant shores can be damn near impossible.

Unless you’re Facebook.

Consider MySpace’s experience: pushed by Murdoch to expand its international operations, the social network opened a series of foreign offices in countries as far-flung as South Korea and Turkey. These outcroppings at the edge of the digital empire were sacrificed [...]

November 20th, 2009 | Tags: , , | Category: social media, startups | Leave a comment

Facebook Valuation Jumps 42% to $9.5 Billion

It may be a far cry from the $15 billion valuation it received three years ago from Microsoft, but Facebook has jumped to a new valuation of $9.5 billion. While this represents a downgrade since the highs of 2006, it is a considerable win for the social networking behemoth, which saw its valuation [...]

November 19th, 2009 | Tags: | Category: m&a, social media, startups | Leave a comment
 
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