Open Table, a restaurant reservation website may look to seek an IPO (Initial Public Offering). (Read CNET article)

While Open Table has scaled to international cities such as Hong Kong, I think that the website will have a hard time maintaining growth. The site mainly caters to a niche type of client, mainly high end restaurants.

In this economy, high-end restaurant sales will see a decline while QSR (quick service restaurants) such as sandwich shops (Subways, Quiznos) + pizza restaurants (Pizza Hut, Dominos) will continue to do well in sales.

I tell restaurant owners, the magic number is $10 and under.
Patrons are looking to get a meal under $10. No mess, no fuss.