Yelp (YELP) CEO Was Urged by Steve Jobs Not to Sell to Google

July 16, 2012 3:41 PM EDT Send to a Friend
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Shares of Yelp, Inc. (Nasdaq: YELP) are lower Monday but chatter among traders on the name is high related to a SF Gate profile of co-founder and CEO Jeremy Stoppelman.

The interview starts were Apple's (Nasdaq: AAPL) late CEO Steve Jobs urges Stoppelman to "stay independent and not sell out to Google (Nasdaq: GOOG)."

"At that point, we had already turned down Google," Stoppelman said. "But Steve liked Yelp and wanted to make sure about Google. It was a moment where I said, 'This is crazy. What just happened?'"

Read the rest of the SF Gate article here.

After a strong November 2011 IPO, shares of Yelp have been on a rocky path since. However, recent stronger integration into Apple's Siri voice product has lifted shares off the lows in recent months.

Shares of Yelp last traded at $21.46, down 0.8 percent.


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