Oct 29, 2009

The SAI 50+: World’s Most Valuable Internet Startups

Estimated Value: $300 million
Business: SEM agency for local businesses
Location: New York, NY
More Info: About Yodle
CEO: Court Cunningham

Investors: Bessemer Venture Partners, Draper Fisher Jurvetson, Draper Fisher Jurvetson Growth and JAFCO Ventures

Analysis:Another SEM agency that has done well the past year, Yodle specializes in helping local businesses drive customers to their sites and in some cases builds websites for some of its clients.

We estimate $50 million in revenue this year and apply a 6-times multiple to arrive at a $300 million valuation.

Published In: Silicon Alley Insider