Jan
17th
Tue
17th
Yelp and the Business of Extortion 2.0
Does this surprise anyone? Huge valuations combined with iffy revenues that don’t support the valuations and commissioned salespeople are going to lead to more and more abuse.
“Hi, this is Mike from Yelp,” the voice would say. “You’ve had three hundred visitors to your site this month. You’ve had a really good response. But you have a few bad ones at the top. I could do something about those.”