David Karp is the American web developer and entrepreneur that created Tumbler. He is the founder and former CEO of the company.Tumbler has been valued at $800 million. He bagan his career as an intern under Fred Seibert at the animation company Frederator Studios, where he built the studio’s first blogging platform. Karp went on to start his own software consulting company, Davidville. During a gap between contracts in 2006, he began working on a microblogging website, which he launched as Tumblerin February 2007. As of November 1, 2017, Tumblr hosts over 375.4 million blogs. In August 2009, Karp was named Best Young Tech Entreprenaur 2009 by BuisnessWeek. In 2010, he was named in the MIT Technology ReviewTR35 as on of the top 35 innovators in the world under the age of 35. On May 20. 2013, Yahoo! and Tumblr reached an agreement where Yahoo! acquired Tumblr for $1.1 billion.
Categories : Social Media, Tumblr
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Tumblr is one of those social media sites that people often forget in spite of it’s popularity. It’s amazing how quickly sites like these gain momentum, getting so many users so fast. Karp showed real innovation with the creation of this site!
Karp seems like he was a very busy man and loved to work. Tumblr is definitely a huge success and shows that Karp did not want to stop working until he created that successful company he was waiting to. He has a great work ethic and great drive to create, as all entrepreneurs need.
I was in high school when Yahoo! bought tumblr and I remember how wild it was. Everyone at my school was obsessed with either tumblr or Pintrest. It’s crazy to imagine a micro-blogging website such as tumblr earning someone such a major payout.