The Bear Cave • 1096 implied HN points • 19 Feb 26
- Revenue has stalled and recently turned negative, with ad clicks falling — a clear sign the business is losing momentum.
- Rising competition from social platforms and the move from web search to AI agents are making Yelp less relevant to consumers and advertisers.
- A high-pressure, often sleazy sales culture and many angry or disgruntled merchants are harming Yelp's brand and making growth harder.