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Tumblr CEO David Karp sells to Yahoo! for $1.1 Billion - "Fuck Yeah"
Tuesday 21st May 2013 | Joe
So it's official, CEO and creator of popular blogging site Tumblr has sold his company to Yahoo! for a shocking $1.1 Billion.
26 year old Karp posted this on Tumblr earlier this week;
"Everyone, I’m elated to tell you that Tumblr will be joining Yahoo.
Before touching on how awesome this is, let me try to allay any concerns: We’re not turning purple. Our headquarters isn’t moving. Our team isn’t changing. Our roadmap isn’t changing. And our mission – to empower creators to make their best work and get it in front of the audience they deserve – certainly isn’t changing.
So what’s new? Simply, Tumblr gets better faster. The work ahead of us remains the same – and we still have a long way to go! – but with more resources to draw from.
Yahoo is the original Internet company, and Marissa and her team share our dream to make the Internet the ultimate creative canvas. I couldn’t be more excited to have her help. We also share a vision for Tumblr’s business that doesn’t compromise the community and product we love. Plus both our logos end with punctuation!
As always, everything that Tumblr is, we owe to this unbelievable community. We won’t let you down.
Fuck yeah,
David"
This kind of response has been well recieved, shared in the same light as Facebook CEO Mark Zuckerberg's famous business cards which quoted 'I'm CEO, bitch.'
We're eager to see what the new tumblr has to say, make sure you have a blog - everyone nowadays has a blog.
