I agree with your sentiment that Yelp seems to have fallen out of favor with many, myself included but, I'm not sure I'd define the company as having failed. Y

I agree with your sentiment that Yelp seems to have fallen out of favor with many, myself included but, I'm not sure I'd define the company as having failed. YELP currently has a market cap >3B and trades at a p/e of 74.54 which is a definitely a "growth level" multiple.