Few things are more heartening than when Yelp admits what we’ve been saying all along: Their review filter sucks!  In short, in their own words, “determining the credibility of reviews is difficult, and we cannot guarantee that our efforts will prove to be effective or adequate.”  If I were the SEC I’d make them rewrite it …

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The rumor mills are atwitter, did Yelp cancel their IPO? 61 million unique monthly visitors to the website in the third quarter of 2011, and five million unique mobile devices using the company’s apps. The part of the filing that struck me the most talks about plans to expand Yelp onto “automobile navigation systems, web-enabled …

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