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Business cancels Yelp advertising contract, negative reviews start pouring in

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Re: Business cancels Yelp advertising contract, negative reviews start pouring in

#6
post #5

I have a friend who left Yelp after 2 months. Told me that he'd get aggressive legal action if he revealed "how Yelp really makes money".

Would whistle blowing laws apply to private companies?

https://www.google.com/finance?q=NYSE:YELP

Re: Business cancels Yelp advertising contract, negative reviews start pouring in

#8
post #5

Earlier quoted context omitted.

Would whistle blowing laws apply to private companies?

https://www.google.com/finance?q=NYSE:YELP

Interesting, looking more into it... there seems to be an expansion of SOX to protect employees. Seems to have been created post Enron.

Re: Business cancels Yelp advertising contract, negative reviews start pouring in

#9

I have a friend who left Yelp after 2 months. Told me that he'd get aggressive legal action if he revealed "how Yelp really makes money".

I worked there for years. Your "friend" is wrong. The way they make money is rather transparently described in their quarterly filings with the SEC. Since they're a public company.

Actually, I'm not sure what your "friend" is accusing them of doing, so it's a hard claim to rebut. It's embarrassing that a vague hearsay accusation (of...what, exactly?) is considered worthy of attention here.

Re: Business cancels Yelp advertising contract, negative reviews start pouring in

#10
It'd be interesting to figure out how Yelp generates the negative reviews. I'd love to see somebody setup a "honeypot" business - fake, doesn't exist in real life (well, physically/location wise)... and then sign up with Yelp and then cancel. Do that with a good 10-100 fake businesses, and could you drum up a case against Yelp?
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