Jeremy Stoppelman is the CEO of Yelp, a company he co-founded in 2004. He studied symbolic systems at Stanford University, a unique blend of computer science, linguistics, and psychology. Jeremy is known for his focus on performance-based compensation, opting for...
Jeremy Stoppelman is the CEO of Yelp, a company he co-founded in 2004. He studied symbolic systems at Stanford University, a unique blend of computer science, linguistics, and psychology. Jeremy is known for his focus on performance-based compensation, opting for a symbolic salary of just $1 a year to align his interests with the company's success. In 2023, his total compensation was approximately $11 million, largely driven by stock options vested during the year. Under his leadership, Yelp has transitioned its advertising model from impression-based to performance-based, which has driven substantial revenue growth. His deep roots in technology stem from his prior experience at PayPal, where he was Vice President of Engineering. His analytical approach has guided Yelp through changing markets, promoting a corporate culture that rewards long-term performance over short-term gains. Overall, Jeremy's business model is about building a sustainable company that prioritizes customer engagement and community trust, focusing on the future rather than immediate results.