Yelp CEO: We're not scared of Facebook because of our depth of content
Skift Take
Facebook's keen interest in restaurants and local search should be a major worry to Yelp regardless how much CEO Stoppelman tries to shrug off the threat.
Facebook's new Graph Search emphasizes restaurants, but Yelp CEO Jeremy Stoppelman says no competitor is going to torpedo Yelp, at least "overnight," because the Yelp community has "generated deep, rich content" that's difficult to replicate.
Stoppelman's remarks were directed to financial analysts today after the company announced that its fourth quarter of 2012 loss narrowed to $5.3 million,