Most people have heard of the social media platform called Tumblr. It is a place where people can reblog pictures and post small captions to their personal “walls”. In some ways it is like Pinterest, which is picture based and individuals have a picture profile (unlike Instagram in which you post pictures one at a time separately). However, Tumblr, unlike Pinterest, is more about art and less about DIY ideas. What most people don’t know about Tumblr is that it was created by a then 21 year old man named David Karp. He started Tumblr in 2007 in his mother’s basement. He did not truly know how much people would be interested in his product, but he thought he had a good idea. He was right. In the first 2 weeks, 75,000 individuals joined his social media website. Tumblr continued to take off until they were purchased by Yahoo in 2013 for 1.1 billion dollars. Karp, now 28, is worth around 200 million dollars.

Karp did not know the success that his idea would have. He thought that he had a good idea and jumped in. His dedication and belief in himself is something that we as young entrepreneurs should emulate as we go onto our own projects.

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