http://www.commentaryweb.com/internet/yelp-walks-away-from-google-deal/ Would you have said no to half a billion dollars if this was your site? Apparently Yelp earned about $30 million this year...
I sure as hell wouldn't turn down that much money, but perhaps they have more to offer in the coming years that could expand their worth?
If they can make $30 million in a year then they will surpass $500 million in a few years. I wonder how they make so much money?
I guess the actual users are very happy and I hope that google stops this acquiring business. Why cant companies be happy, profitable and small?