Yelp is a popular site where users review trendy and not-so-trendy local businesses in their city. Yelp users can write reviews, read reviews, discuss topics and share their opinions and experiences with others on an endless list of topics such as restaurants, stores, hairstylists and real estate brokers. Started in 2004 in San Francisco, the
Interactive Corp. (NASDAQ: IACI) recently announced its decision to split its whole business into five separate listed entities. The stock has lost around 24% in 2007. The spin off will hopefully lead to value unlocking for shareholders. It will create 5 different entities – Interactive (including Ask.com, Match.com and Citysearch), Home Shopping Network, Ticketmaster, Interval
Conclusion IAC has leadership positions in the Personals, and Local / Ticketing verticals. Through Expedia, it also has a great position in Travel. However, there are concerns with HSN Network, Lending Tree and Real Estate segments, though they are strong brands with competitive positioning. IAC holds more than 60 online properties and someone could easily