Yelp co-founder and CEO Jeremy Stoppelman rang the opening bell of the New York Stock Exchange Friday morning as Yelp's sparkling IPO debuted. Shares of the stock climbed as astounding 61 percent to $24.15 in the first minutes of trading, after pricing at $15 on Thursday night.

"[T]he offering is for 7.1 million shares; the offering raised $106.5 million, not counting the over-allotment option for an additional 1,072,500 shares," reports Forbes. "After the offering, the company has 59,873,181 shares outstanding. At $23.90, that gives the company a market cap of $1.43 billion."

Which is to say: That's a lot of money. Kudos to you, Yelp employees with stock options! Now, please buy us dinner, drinks at fancy restaurants. But seriously, loads of people, including Facebook and Zynga employees, are about to become even wealthier. Brace yourselves, Bay Area.

Speaking of getting smashed, Yelp Drinks! 2012 happens from now until Sunday, March 4. Venues like 15 Romolo, Barrique, Bluestem, Cantina, Fifth Floor, Rye, and other esteemed watering holes will all take part in getting you drunk for 50-percent off. Read all about it.