VentureBeat - Latest Comments in OpenTable wins big with hearty IPO

Re: OpenTable wins big with hearty IPO

Psvt — Tue, 26 May 2009 14:32:00 -0000

Funny - most of the expensive restaurants in Vegas, SF or NY seem pretty packed every time I walk by them.

Re: OpenTable wins big with hearty IPO

LEADSExplorer — Mon, 25 May 2009 08:39:34 -0000

When the world is in the largest economic downturn since 1873 pushing people going out to dinner or lunch in a restaurant much lesser, there is an IPO for a table reservation system?

Currently you don't need to make reservations in restaurants as there are enough free tables.

Re: OpenTable wins big with hearty IPO

ThatOtherOtherGuy — Fri, 22 May 2009 12:35:31 -0000

Henry Blodgett nails an analysis of how overvalued Opentable is:

http://tinyurl.com/px2y7l

To sum up his take: Currently at 65x and one stumble drops them to 20x which would be a 70% decline.

Re: OpenTable wins big with hearty IPO

Justin — Thu, 21 May 2009 21:00:08 -0000

I don't think the fact that the vc's sold their share is indicative of anything. They invested in 1999...I think they have held on long enough.