With IPO valuations puffing up like a perfect souffle, you have to love Yelp's timing: The review website goes public Friday. But be careful: There are quite a few reasons why this blazing hot deal may end up burning eager investors.
This is high season for tax-related phishing scams, as online con artists try to trick you out of your personal data, and thus your cash. But Internet scams and deceptions are a year-round industry. Here are some tips on how to avoid being conned.
With all the sturm und drang surrounding Facebook's upcoming May IPO, few media outlets are giving much oxygen to the IPO of online review hub Yelp, due March 2. It will give Yelp a market cap of around $800 million -- and the company isn't even profitable.
After reading the breathless media coverage about the rumored $2 billion Yelp IPO, I have one question: Does the online-review site make money? None of the articles made any mention, but profitability is the issue that should be first on investors' minds.
Shoppers looking for advice from their fellow consumers have a tough enough time sifting out the false reviews posted on legitimate product-review sites. But there's a worse problem out there online: "Nefarious" websites entirely devoted to promoting merchandise with fake reviews.
If you often use online reviews to help you make purchasing decision, you needn't employ a secret algorithm to ferret out the fakes. Follow these tips to find the critiques that count.
