Yelp Evades Fire but Isn’t Bulletproof

It's so intriguing how much power a 4% stockholder can have over a public corporation. But I guess that other investors likely don't want to step up to be an activist if someone else with even more exposure is willing to do so, and they'll happily vote alongside the activist who's ideally made themselves closer to the problem, and (those investors would hope) wouldn't have the baggage and misalignment that a founding team might.