David Karp (created July 6, 1986) is an American web developer and entrepreneur. He’s the creator and CEO of the short-form blogging platform Tumblr. Based on “Forbes”, Karp’s net worth exceeds $200 million, and Tumblr continues to be valued at $800 million. On May 20, 2013, it had been declared that Yahoo! and Tumblr had reached an arrangement for Yahoo! to get Tumblr for $1.1 billion. Karp would continue as CEO of the organization.
Karp started his career as an intern under Fred Seibert in the cartoon business Frederator Studios, where he constructed the studio’s first blogging platform and imagined, wrote, and edited their very first web video network, Channel Frederator. Karp went to benefit online parenting newsgroup UrbanBaby until it had been sold to CNET in 2006. Within a difference between contracts in 2006, the two started work on a microblogging web site, that has been established as Tumblr in February 2007.
Karp started interning at age 14 for cartoon producer Fred Seibert, creator of Frederator Studios. Karp’s mom had instructed Seibert’s kids in the Calhoun School and was buddies with his own wife. Karp was fascinated with all the work of Frederator’s computer engineers and his visits became routine. When entrepreneur John Maloney sought technical help with UrbanBaby, an internet parenting newsgroup, a Frederator worker urged Karp for the work. Karp finished the job, which needed to be performed in a few days, within four hours. Maloney made him UrbanBaby’s head of merchandise and gave him a little bit of equity. It turned out to be a complete three months after Karp had moved to Tokyo that UrbanBaby found out he was not in New York.