It's Thursday, May 1st. Welcome to Market Foolery. I'm Chris

joining me in studio today for Motley Full Funds, Tim Hanson. Thanks for being

here, man. It is, it is my pleasure and apparently I was the only one to be able to do it

No, it just kind of worked out that way. That's all right though. That's right. We'll have a good conversation or I guess we'll have a conversation and our dozens of listeners will decide whether or not it's good but

exactly we will talk a little Berkshire Hathaway since the annual meeting is this

weekend Kentucky Derby also this weekend I'm excited for that yeah I like the

derby we will get into that. Let's start though with

Yelp giving some good news to people who are just panicked about the technology

sector. First quarter loss came in, I guess, lower than people were expecting. It certainly narrowed.

They could have lost more money. They could have lost. Let's be clear right out of the gate.

Yelp, still not profitable. that could have lost, let's be clear right out of the gate.

Yelp, still not profitable.

And yet, signing up more members, 132 million now,

and their increase in advertisers is getting pretty interesting. 65% increase in advertisers is getting pretty interesting 65% increase in advertisers

I'm not a yelp shareholder I don't know that it's on my watch list but this

seems like if nothing else Yelp has moved into the

category of those startup technology companies short them at your own risk.

Yes I mean excuse me Yelp has been down. It's had a tough beginning of the year as a lot of those momentum technology stocks have. But fundamentally I think this is a company that actually had a good idea. It solves the problem that people have and

the amount of local search traffic they're getting is is encouraging. I mean it looks

it looks good. You know I think the question I have for Yelp is one of

credibility in terms of you know there

are a couple lawsuits now percolating through the legal system about whether Yelp is putting

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