$1 Billion Tumblr Deal Turns 26-Year-Old Founder into Mega-Millionaire

Posted by ShawnHessinger under Success Stories
From http://smallbiztrends.com 3987 days ago
Made Hot by: thecorneroffice on May 22, 2013 1:22 am

Twenty-six-year-old David Karp is the ultimate rags to riches success story. With today's announcement that Yahoo will buy Tumblr, a social blogging platform he launched in his mom's apartment at at 21, Karp is now a mega-millionaire. Think your small startup can't make it big? Read this story and you may feel differently.

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Comments

Written by lyceum
3986 days ago

Congrats to David Karp and thanks to Joshua for sharing this story. I have the same questions as Ivan and Robert about the monetization of the deal. If Yahoo! would implement smart ad options similar to InfluAds and BlogAds, that could turn out in a good way for Tumblrs' users and readers.

I have been a Tumblr user for a pretty long time and I am using the platform for some of my own domains and niched sites, e.g., NameDayGift, AtlasAnd, and ObjectiveArgentum. Talking about argentum (the Latin word for silver and money), I hope that Mr. Karp will be paid in real money and not in paper money! ;)

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Written by HeatherStone
3986 days ago

Hi Martin,

For the benefit of both the Small Business Trends and BizSugar communities, could you explain a bit more about what specific benefits you see in Tumblr and how you use the platform for the niches you've mentioned here?

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Written by tcamba
3987 days ago

Wow! Cheers to Karp for having created another yet awesome tech product. I'm really interested on how Yahoo would recoup its investments.

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Written by HeatherStone
3987 days ago

It's a dream for many entrepreneurs now become a reality for Karp. And it's a good lesson in perseverance and in following your own instincts no matter what. Thanks to Josh, for reporting on this awesome story, and to Shawn, for sharing this post with the BizSugar community.

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