Jeremy Stoppelman (born November 10, 1977) is an American business executive. He is the CEO of Yelp, that they co-founded in 2004. Jeremy Stoppelman got such a bachelor’s degree in computer engineering from your University of Illinois at Urbana-Champaign in 1999. After having a short time working for @Home Network, he worked at X.com and later on had become the VP of Engineering after the company was renamed PayPal. Jeremy Stoppelman left PayPal to attend Harvard Business School. Within a summer internship at MRL Ventures, he and others developed the idea for Yelp Inc. He turned down an acquisition offer by Google and took the company public this year.In the summertime of 2004, Jeremy Stoppelman got the flu[18] together a difficult time finding ideas for an area doctor. He and former PayPal colleague, Russel Simmons, who was simply also working at MRL Ventures,[10] began brainstorming regarding how to create an internet community where users could share ideas for local services.[6][17] Stoppelman and Simmons pitched the concept 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]

Health-related reasons 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 that New York Stock Exchange after Yelp went public.[4] According to Stoppelman, the largest challenge at Yelp continues to be “the same issue Google faces in their rankings.” Business people happen to be suing reviewers that leave negative reviews and raising allegations that Yelp tampers with reviews to favor businesses that advertise, leading to legal troubles for that company.[4][11] In February Jeremy Stoppelman, ceo of Yelp stock crashes 40% after earnings
That, in summary, covers investors’ sentiments on Yelp (YELP) today. The company’s stock fell up to 40% in after hours trading Tuesday after the company posted disappointing sales results.
That drop effectively erases all Yelp’s stock gains from your this past year.
Yelp reported sales of $197.3 million for that first quarter, falling short of Wall Street estimates. Its guidance for that upcoming quarter and 12 month also fell way short of analyst estimates.
On the conference call with analysts, Yelp’s top execs blamed the sales miss on the find it difficult to keep existing local advertising accounts which in fact had registered 2009.
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 from the quarter,” based on Stoppelman.
“It was all on the job deck at that time,” he added. “We place a team in position to concentrate on that specific cohort.”
Yelp CFO Lanny Baker said the company is “not pleased” about the sales outlook, but stressed that it is financial growth opportunities remain “very unattractive.”
It’s just the newest stumble for Yelp. In recent years, Yelp has faced greater competition from Google (GOOGL, Tech30), TripAdvisor (TRIP) as well as Instagram, which recently began offering bookings.
Yelp has previously admitted to can not attract and retain good employees. Yelp’s chairman max levine parted ways using the company in 2015 and it is CFO left one year later.
At one point in 2015, Yelp is rumored being up for sale .
More information about jeremy stoppelman explore this useful web site: web link