Lauren Goode, Reporter, The Wall Street Journal

Recent Posts by Voices

No IPO in 2010, Yelp Says

Investors hungry for Yelp shares might have to dine elsewhere for now.

Jeremy Stoppelman, the co-founder and chief executive of the user-generated reviews site, said Thursday that it is unlikely to issue an initial public offering for “several years.”

Yelp “will definitely not go public this year,” he said. “2011, who knows? But why rush out the door if I can avoid it?”

There has been speculation about Yelp’s IPO prospects–and those of Silicon Valley companies in general–in recent months.

Venture-capital firm Elevation Partners invested in the company last month after it walked away from a Google (GOOG) offer worth more than $500 million.

Mr. Stoppelman declined to comment on the discussions with Google but said the newest round of private financing will allow Yelp to “grow the way we want and work on the things we say we’re going to work on.”

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About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

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