Yelp Inc., the local business review site, has set terms for its initial public offering. It plans to sell 7.15 million shares at a price range of $12 - $14, for maximum total IPO proceeds of $100 million and IPO market capitalization of $838 million (at the top of the range). The company is offering the vast majority of the shares in the offering (7.1 million) and 50,000 shares is being sold by the Yelp Foundation. Yelp formed the non-profit Yelp Foundation to support consumers and businesses in the markets in which it operates.
Goldman, Sachs is the lead bookrunning manager of the offering and Citigroup and Jefferies are joint bookrunning managers. Allen & Co. and Oppenheimer are co-managers.
Venture capital investors in Yelp include Bessemer Venture Partners, Elevation Partners, Benchmark Capital and Duff Ackerman & Goodrich.
Here's a link to Yelp's most recent S-1/A filing: http://www.sec.gov/Archives/edgar/data/1345016/000119312512065489/d245328ds1a.htm
Goldman, Sachs is the lead bookrunning manager of the offering and Citigroup and Jefferies are joint bookrunning managers. Allen & Co. and Oppenheimer are co-managers.
Venture capital investors in Yelp include Bessemer Venture Partners, Elevation Partners, Benchmark Capital and Duff Ackerman & Goodrich.
Here's a link to Yelp's most recent S-1/A filing: http://www.sec.gov/Archives/edgar/data/1345016/000119312512065489/d245328ds1a.htm
