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Tuesday, May 21, 2013

Tumblr's founder cashes in on 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, " yeah." Karp, a high school dropout, said in a blog post Monday that he was "elated" to sell Tumblr, while stressing that the New York-based blogging service wouldn't be ... (more)

http://www.lowellsun.com/business/ci_23288625/tumblrs-founder-cashes-takeover?source=rss

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