David Karp

3 Stories

Founder Gets Avalanche of Money to Stay at Tumblr

If he sticks around til June 2017, David Karp gets $81M

(Newser) - Tumblr founder David Karp has about 81 million reasons to spend the next four years working his current job. The $1.1 billion sale of his baby to Yahoo back in May includes a retention payment of $81 million—$41 million in stock and $40 million in cash, the AP... More »

Tumblr Founder a High School Drop-Out

How David Karp left school, found success

(Newser) - At 14, David Karp—who would one day found Tumblr—was already obsessed with computers and bored with school. So his mom, a science teacher, suggested he drop out. "It became very clear that David needed the space to live his passion. Which was computers," Barbara Ackerman tells... More »

Yahoo Promises Not to 'Screw Up' Tumblr

Tumblr CEO David Karp echoes that: 'We're not turning purple'

(Newser) - As Marissa Mayer puts it , "Tumblr. + Yahoo! = !!" As Tumblr CEO David Karp puts it , "F--- yeah." The two companies this morning announced that a definitive agreement has been reached and that Yahoo will indeed acquire Tumblr for $1.1 billion, a transaction that Mayer... More »

3 Stories