Happy Birthday David Karp: Yahoo! (YHOO), You Tumblr-d It!

David Karp never imagined building “the easiest way to share yourself” platform that supports small bits of every type of media, albeit as an experimental challenge, would win him laurels today. In 2010, this technology keen boy was among the top 35 innovators in the world in the under-35 age group on the MIT Technology Review TR35 list. And he was just 24 then. Today at 35, David Karp is worth $200 million. He struck gold after Yahoo! Inc. (NASDAQ:YHOO) acquired Tumblr – Karp founded – for $1.1 billion. Unfortunately, things didn’t go as per plan and after a year since struggling Yahoo! sold itself to Verizon in mid-2016 David Karp also decided to leave Tumblr in November 2017. In the absence of any leadership, Tumblr started slowly turning into a joyless black hole for many. However, in 2019, Verizon decided to get rid of it and sold it for a throwaway price of just $3 million to Automatic, the owner of WordPress. Name: David KarpDate Of Birth: July 06, 1986Occupation: Founder & Former CEO – Tumblr It all began in 2005 when David stumbled upon Projectionist, a tumblelog that was at that time tracking all tumblelogs and provided a brilliantly aesthetic alternative while solving…
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