Yelp Exit

Yelp

IPO - March 2, 2012

We made our initial pre-IPO investment in Yelp, a leading online business review site, in December 2011. On May 2, 2012, the company completed its IPO, closing up 64% on its first day of trading. In September 2012 we liquidated our Yelp holdings, realizing a $412,000 gain and a 15% return on investment.

IPO/Exit History

  • Year Founded: 2004
  • SVVC initial investment: 2011
  • IPO Date: 3/2/12
  • SVVC exit: September 2012
  • Realized gain: $412,000
  • Return on investment: 15%