Jeremy Stoppelman (born November 10, 1977) is surely an American business executive. He could be the CEO of Yelp, which he co-founded in 2004. Jeremy Stoppelman obtained a bachelor’s degree in computer engineering from your University of Illinois at Urbana-Champaign in 1999. After having a small amount of time doing work for @Home Network, he worked at X.com and later became the VP of Engineering following your company was renamed PayPal. Jeremy Stoppelman left PayPal to go to Harvard Business School. During a summer internship at MRL Ventures, he among others developed the idea for Yelp Inc. He turned down an acquisition offer by Google and took the business public in 2012.In the summer of 2004, Jeremy Stoppelman got the flu[18] and had a difficult time finding recommendations for a local doctor. He and former PayPal colleague, Russel Simmons, who was also working at MRL Ventures,[10] began brainstorming regarding how to create an online community where users could share recommendations for local services.[6][17] Stoppelman and Simmons pitched the thought to Levchin who provided $1 million in initial funding.[17][19][20] Under Stoppelman’s leadership, Yelp grew to a market capitalization of $4 billion and hosted 138 million user feedback.[6][17]

Jobs called Stoppelman in January 2010 in an effort to persuade him to show down an acquisition offer by Google[4][11][21] as well as in March 2012[22] jeremy stoppelman rang the bell for the Lse after Yelp went public.[4] Based on Stoppelman, the largest challenge at Yelp has been “the same problem Google faces in its rankings.” Business owners have already been suing reviewers that leave negative reviews and raising allegations that Yelp tampers with reviews to favor firms that advertise, leading to legal troubles for the company.[4][11] In February Jeremy Stoppelman, ceo of Yelp stock crashes 40% after earnings
That, in a nutshell, covers investors’ sentiments on Yelp (YELP) right now. The company’s stock fell up to 40% in after hours trading Tuesday following your company posted disappointing sales results.
That drop effectively erases all Yelp’s stock gains from your a year ago.
Yelp reported sales of $197.3 million for the first quarter, falling in short supply of Wall Street estimates. Its guidance for the upcoming quarter and full year also fell way in short supply of analyst estimates.
On the business call with analysts, Yelp’s top execs blamed the sales miss on a find it difficult to keep existing local advertising accounts which in fact had signed up last year.
Jeremy Stoppelman, Yelp’s CEO, said there were “emerging firms that had trouble competing within the ad system” and jumped ship. Yelp noticed greater churn “halfway with the quarter,” according to Stoppelman.
“It was all practical deck at that point,” he added. “We convey a team set up to concentrate on that specific cohort.”
Yelp CFO Lanny Baker said the business is “not pleased” concerning the sales outlook, but stressed that its financial growth opportunities remain “very unattractive.”
It is simply the latest stumble for Yelp. In recent years, Yelp has faced greater competition from Google (GOOGL, Tech30), TripAdvisor (TRIP) and even Instagram, which recently began offering bookings.
Yelp has previously admitted to struggling to attract and retain good employees. Yelp’s chairman max levine parted ways with all the company in 2015 and it is CFO left the year after.
At some time in 2015, Yelp is rumored to be for sale .
For details about jeremy stoppelman see this net page: read here