
Recode Decode: Jeremy Stoppelman, Yelp CEO
Decoder with Nilay Patel
The Disruptive Future of Open Table
Yelp has made some investments in allowing partners to plug into the Yelp platform. CME represents a next generation product built on the iPad. The way that open table charges is it charges a cover fee for every person that walks in the door. We think that that's unfair because the vast majority of restaurants business is essentially organic traffic. And so we charge $99 a month for the CME product, which works a lot like open table but is fully integrated into Yelp as well.
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