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Bono doubles his money as Yelp eyes €650m flotation

Sunday 19 February 2012, by Corinne/Dead pour U2 France

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By Nick Webb

U2 FRONTMAN Bono is set for a major windfall as another massive technology investment pays off. Bono is a partner in Silicon Valley private equity firm Elevation Partners which owns a 22 per cent chunk of social media and review site Yelp, which announced plans for a €650m IPO last week.

All eyes will be on the Yelp flotation as it will be the first major internet company IPO on Wall Street this year.

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En savoir plus : The Irish Independent

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