Tumblr's 26-year-old founder cashes in on $1.1 billion takeover

Tumblr Inc. Chief Executive Officer David Karp, a 26-year-old who started the company in 2007, signed a note announcing Yahoo! Inc.'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 ... (more)

http://www.calgaryherald.com/business/Tumblr+Year+Founder+Cashes+Billion+Takeover/8409862/story.html