clock menu more-arrow no yes

Filed under:

OpenTable, Cash Cow

New, 3 comments

open-table-150.jpgOpenTable, the online reservation system, has skyrocketed to success since its stock market debut over a year and a half ago. On Tuesday its stock closed at yet another record high, with the company currently valued at an eyebrow-raising $1.5 billion. So, is this "little-known online [enterprise] achieving stratospheric valuations before crashing back to earth?" Or is it in it for the long haul? [CNN via Eater National]

Sign up for the newsletter Sign up for the Eater New York newsletter

The freshest news from the local food world