Jeremy Stoppelman Quotes
Starting a company, your success is going to be very dependent on how you adapt. You're going to make decisions, you're going to make bets; most of them are going to turn out to be wrong.
On mobile, what are the core apps? It's basically messaging, mapping and review data.
The entrepreneurs that really make it are the ones that start with an idea but are ready to change it at a moment's notice.
You have to be very nimble and very open minded. Your success is going to be very dependent on how your adapt.
Everyone is panicked about the transition to mobile. I don't lose any sleep whatsoever.
Yelp is in a very nice spot: local data, and especially review data, is one of the killer apps on mobile phones.
I think with every successful consumer Internet business, there will be lawyers that are interested in going after your company, especially when they think that there's a financial incentive.
Consumers are empowered by Yelp and tools like it: before, when they had a bad experience, they didn't have much recourse. They could fume, but often nothing else other than tell their friends.
In the very beginning, Yelp started as a service where we really didn't think people would write reviews for fun. The whole concept of user-generated content was pretty nascent in 2004.
There are so many businesses that are succeeding on Yelp that don't pay us a dollar, and we're really excited about that.
A lot of what Groupon is generating is demand for something people didn't know they wanted.
Choose something you are passionate about - or a pain point that has affected you and that you feel really needs to be changed.
The biggest thing is to create a product that consumers find useful. As more and more people like something, it becomes harder and harder to have a conspiracy theory about it.
