Yelp
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Yelp invites hackers to expose vulnerabilities through bug bounty program
Hackers, start your engines. Yelp launched a public bug bounty program today, inviting the world’s hackers to pick apart its websites and mobile app in search of vulnerabilities that could affect reviewers and businesses. Yelp will pay researchers for their work, starting at $100 and maxing out at $15,000 for more complex or critical exploits. The program, which Yelp is coordinating… Read More
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Yelp will soon let you skip the line at restaurants thanks to Nowait partnership
Yelp and Nowait announced a partnership that will enable Yelp users to check nearby restaurants’ wait times and “get in line” remotely from the Yelp app. Yelp will be making an $8 million strategic investment as part of the partnership, which was announced as part as Yelp’s 2Q earnings release yesterday. Based in Pittsburgh, PA, Nowait is a mobile platform that has… Read More
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Yelp tops 2Q expectations, announces partnership with Nowait and names Jed Nachman as COO
Following the bell today, Yelp reported a strong second quarter 2016 financial performance that made the stock soar almost 11 percent in after-hours trading. Yelp’s earnings release included better-than-expected revenue of $173.4 million and non-GAAP earnings per share of $0.16. As part of the earnings release, Yelp made two additional announcements. First, the company said it… Read More
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Peek.com raises $10 million, strikes partnership to bring tour and activity booking to Yelp
Peek.com has raised $10 million in equity funding to become what it calls an “OpenTable for the $100 billion activities market,” according to CEO and co-founder Ruzwana Bashir. Based in San Francisco, with additional offices in Salt Lake City, Utah, Peek.com lets travelers, and locals, find and book activities such as tours, tastings and lessons, online or via mobile. The Peek.com… Read More
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Bar Roulette routes your Uber to a random bar nearby
Want to go party the night away but not sure where to go? Bar Roulette’s brand new iOS app has you covered. Press a button to summon an Uber, and it will take you to a bar picked from the highest-rated bars on Yelp and Foursquare. The twist? The app won’t tell you where you are going until you arrive. It aims to break you out of your routines and add a bit of adventure to your life. Read More
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Crunch Network
How consolidations will play out in the transportation, food and entertainment industries
There has been no shortage of thoughtful articles exploring a bubble in technology. I would argue that the world has already been transformed, and there is no bubble in the purest sense. Instead of massive flameouts that leave everyone burned, I think we are going to see a wave of beneficial consolidation and rationalization in industries that appropriately have seen exceptional venture… Read More
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Want to increase your chances with IVF? Make more money or become a teacher says FertilityIQ
Money and teaching might seem at odds with one another but a study out from the Yelp for fertility treatments startup FertilityIQ found both to be the best indicators of success with IVF. FertilityIQ is one of many pregnancy-focused tech companies busy gathering new information from couples trying to conceive. While part of that information can be utilized for further research to help… Read More
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Twitter integrates with Yelp for location tags in the UK and Japan, bypassing Foursquare
A year ago, Twitter ramped up its game in location services when it announced an integration with Foursquare to provide venue suggestions when you wanted to tag where you were tweeting. Interestingly, that deal appears to have applied only to the U.S., and now that Twitter’s expanding the service, it has partnered with one of Foursquare’s big competitors, Yelp, to power it. Read More
Latest Crunch Report
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Swarm now lets users check-in without sharing their location
Swarm, the gamified check-in app from Foursquare, has today launched a new feature that will let users check in to locations without sharing that location with their group of friends. The company is calling these private check-ins ‘off-the-grid check-ins’ and users will be able to activate them through a toggle in the check-in portion of the app. Foursquare originally launched Swarm… Read More
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Crunch Network
How real businesses are using machine learning
There is no question that machine learning is at the top of the hype curve. And, of course, the backlash is already in full force: I’ve heard that old joke “Machine learning is like teenage sex; everyone is talking about it, no one is actually doing it” about 20 times in the past week alone. But from where I sit, running a company that enables a huge number of real-world… Read More
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Foursquare’s Dennis Crowley and Jeff Glueck to check-in at Disrupt NY
Foursquare is an institution in the New York tech scene, so it only makes sense for us to have Foursquare founder Dennis Crowley and the company’s new CEO Jeff Glueck on stage at Disrupt New York in May. As you may already know, Foursquare has recently transitioned Jeff Glueck to the CEO position, with Dennis Crowley moving into a President and Chairman role. And while that’s the… Read More
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Yelp Shares Are Not Having A Good Year
The year has not been kind to Yelp shareholders. On the year, shares of Yelp have tanked around 50 percent. Today wasn’t an exception, with shares of the company down more than 9 percent. That big swing today comes on the heels of a new way of finding top-rated local businesses through Facebook cropped up on the Internet. Read More
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Crunch Network
Serial Entrepreneur Max Levchin On Leaving A Legacy
In this podcast, Max talks about having true passion for an area of business, on the difficulty of building network effects businesses, the happiest day of an entrepreneur’s life, and leaving a legacy. Read More
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Yelp Pops 7% After Hours On Q3 Revenue Beat Of $143.6M
Today following the bell, Yelp reported its third-quarter financial performance, including revenue of $143.6 million, and earnings per share of $0.03, calculated using non-traditional metrics. Investors had expected Yelp to post revenue of $141.42 million. Read More
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Crunch Network
You’ve Only Got One Shot At Building A Consumer Unicorn
Imagine if the founder of a very successful consumer technology company knocked on your door and offered to get you in on the ground floor of their new enterprise. Almost any VC would jump at the chance, as would most engineers and designers. But I wonder if they’re most often making a mistake? I can point to a number of founders who have had repeat success in B2B markets. Read More
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Crunch Network
Our Marketplace Obsession And Bubble
Service marketplaces have recently become Silicon Valley darlings. The marketplace model has been a popular way for VCs to efficiently tap into the local economies at scale, specifically the $800 billion home services space. It’s a model that dates back to the initial concept of Yellow Pages in 1883. And it makes sense — giving homeowners a convenient way to find local… Read More
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Google Maps Tests A New Feature That Collects Users’ Foodie Photos
Though services dedicated to photos of food – like Foodspotting or Forkly, for example – have exited the scene (as well as consumers’ collective consciousness) over the years, snapping photos of your delicious dinner still remains a popular activity. Now Google is looking to capitalize on this ongoing trend with a new feature in Google Maps that encourages users to share… Read More
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Bar Roulette Is Exactly What It Sounds Like
The premise is simple: tap a button, get into an Uber and have no idea where you’re going. Actually, that sounds like a really awful nightmare I had once. Bar Roulette is a fun mashup built by Tyler Swartz during a hackathon that takes advantage of Uber’s API. Read More
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Crunch Network
Why Homejoy Failed … And The Future Of The On-Demand Economy
On the heels of Homejoy’s failure, the fundamental “on-demand marketplace” model has come into question by investors, the media and even consumers. That questioning is very relevant, as there has been an overload of VC money that has been injected in the on-demand service platform space over the past few years ($4 billion-plus in 2014). Read More
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