Yelp Is Definitely Going Public

Popular restaurant review site (or foodie-crowd aggregator) Yelp has filed for a 2012 initial public offering (IPO), which could raise $100 million for the company.

Company officials had announced in 2010 that Yelp would not go public for a couple more years, but they put the IPO consideration back on the table in early 2011.

This isn't too surprising, given the company's rejection of Google's $500 million offer. Going public could raise the company's worth to $2 billion.

The Daily Byte is a regular column dedicated to covering interesting food news and trends across the country. Click here for previous columns.