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Tumblr’s 26-Year-Old Founder Celebrates $1.1 Billion Deal

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Mon, 20 May 13 10:18 PM | 27 view(s)
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Those darn kids these days! ;))

Tumblr’s 26-Year-Old Founder Celebrates $1.1 Billion Deal
By Sarah Frier - May 20, 2013 11:57 AM ET

Tumblr Inc. Chief Executive Officer David Karp, a 26-year-old who started the company in 2007, signed a note announcing Yahoo! Inc. (YHOO)’s $1.1 billion acquisition with the salutation, “F--- yeah.”

Karp, a high school dropout, 
said in a blog post today that he was “elated” to sell Tumblr, while stressing that the New York-based blogging service wouldn’t be changing under its new owner’s influence. In Yahoo’s statement announcing the deal, the company said it “promises not to screw it up.”

more:
http://www.bloomberg.com/news/2013-05-20/tumblr-s-26-year-old-founder-celebrates-1-1-billion-deal.html




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