/// Wall Street to Yelp: Facebook Search Should Scare You
We won’t know what yesterday’s Facebook search announcement means for a long time. Could take years, really. But the market made it up its mind very quickly yesterday, and you can see it illustrated quite nicely below: It wanted to see more from Facebook, it thinks Google is just fine, and it’s not worried about LinkedIn. But it thinks Yelp could see real competition from Mark Zuckerberg and company. It’s pretty obvious in these Yahoo Finance charts, but just to be clear: Zuckerberg started speaking around 1pm eastern yesterday. The markets open in a few minutes, so we’ll see if anyone has re-thought anything overnight.
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Wall Street to Yelp: Facebook Search Should Scare You