The Shark Tank: A Little Yelp From My Friends
The comments section of James "Rev Shark" DePorre's column is an open and active forum where subscribers exchange investment ideas and tips. Here's a sample of what they shared today:
Revshark09:42 AM
QPSA getting YELP sympathy
SVVC painfully thin but holds YELP shares
ultraphoenix09:47 AM
YELP - krikey, nice pop!
beaky09:50 AM
yelp is beyond worthless, reviews written by friends and enemies, laughable
slingerlandin reply to beaky
what is really needed is a place for contractors, business owner, service providers to be able to post about the deadbeat crazy customers that have no idea of what they want but are lonely, or insane
jjjjin reply to slingerland
LOL site for contractors et al
ultraphoenix09:59 AM
I find Yelp quite invaluable.
I used to subscribe to Zagat, but found reviews stale and sometimes snobbish.
It was no better (or worse) than Yelp.
Big difference is that Yelp reaches smaller capillaries.
Yes, there are some bogus reviews, but who doesn't? If you use it a while you can spot em a mile away.
beakyin reply to ultraphoenix
we go out a lot and the reviews are pretty much meaningless, just another way for people to vent their feelings in public on the web.
valleyhood10:09 AM
The proliferation of reputation-management-software that allows websites to remove/downplay negative comments makes me suspect of many online reviews.
chzzzzz10:21 AM
its 99 all over again. you don't even NEED yelp. if you have a smartphone like apple you can type in cafe, restaurant, etc and find stuff via gps. you can also use their reviews, or even open table, etc
beaky10:29 AM
JIVE, mkt cap $1.5 billion? money losing mess. first came the social networks, then came the analytics, next up are the data managers. what you have is a massive investment in what I bet will be a very unproductive business development scheme. the business landscape is swarming with ernest young social networks marketing types, telling bewildered gift shop owners and taverns that they "just have to" maximise social networking. at some point, the sheer volume will mitigate the novelty and importance.
TheRealMrNaturalin reply to beaky
next big thing in social networking: mom's basement dotcom
TheRealMrNatural10:31 AM
YELP @ $24, where the traders are separated from the true believers, and the suckers are separated from their money