Tuesday, January 19, 2010

Yelp που παίρνει τη μεγάλη επένδυση από τους συνεργάτες ανύψωσης

Yelp, fresh off of leaving Google at the altar, is closing a hefty fifth round of financing from Elevation Partners, say multiple sources. The deal isn't closed yet, says one source, but the guys at Elevation Partners have been telling friends that it's a done deal. The size of the rounds is in the $50 million range, but includes both a primary investment component as well as a secondary offering for long time employees. These deals are now being referred to as "DST deals," since DST first invested in Facebook in May 2009 at a $10 billion valuation and later funded employee buyouts at a $6.5 billion valuation. They did a similar deal with Zynga.

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