Yelp Is Definitely Going Public

Staff Writer
The user-generated review site filed for an IPO today

Photo Sasabune Omakase Modified: Flickr/erin/CC 4.0

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.

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