David Karp

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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...

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...

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...

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