David Karp
| David Karp | |
|---|---|
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Karp in 2009
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| Born |
July 6, 1986 New York City, New York, US |
| Nationality | American |
| Occupation | CEO of Tumblr |
| Net worth | $200 million |
| Website | www |
David Karp (born July 6, 1986) is an American web developer and entrepreneur. He is the founder and CEO of the short-form blogging platform Tumblr. According to Forbes, Karp's net worth exceeds $200 million, and Tumblr has been valued at $800 million.
Karp began his career as an intern under Fred Seibert at the animation company Frederator Studios, where he built the studio's first blogging platform and conceived, wrote, and edited their first internet video network, Channel Frederator. Karp went on to work for online parenting forum UrbanBaby until it was sold to CNET in 2006. Karp then started his own software consulting company, Davidville, where he worked with computer engineer Marco Arment on projects for clients. During a gap between contracts in 2006, the two began work on a microblogging website, which was launched as Tumblr in February 2007. As of April 1, 2017, Tumblr hosts over 341.8 million blogs. In August 2009, Karp was named Best Young Tech Entrepreneur 2009 by BusinessWeek and in 2010, he was named to the MIT Technology Review TR35 as one of the top 35 innovators in the world under the age of 35.
On May 20, 2013, it was announced that Yahoo! and Tumblr had reached an agreement for Yahoo! to acquire Tumblr for $1.1 billion. Karp remained CEO of the company.
Born in New York City, Karp grew up on the Upper West Side of Manhattan. His parents are Barbara Ackerman, a science teacher from San Anselmo, California, and Michael D. Karp, a film and television composer. He has a younger brother named Kevin. His parents separated when he was 17. Karp attended the Calhoun School from aged three through 8th grade, where his mother teaches science. At 11, he began learning HTML and was soon designing websites for businesses. Karp went on to attend Bronx Science for one year before dropping out at the age of 15 and started homeschooling. At the time, Karp had aspirations of getting into a college in New York or MIT and saw homeschooling and doing other projects on the side as a way to impress the colleges. Karp never returned to high school or earned his high school diploma.Marco Arment, the first employee of Tumblr, would later recall that Karp was keen to avoid letting his age shape people's assumptions about him: "He wanted to keep it quiet for as long as he could because he knew that as soon as it got out, every story about Tumblr would just be about David's youth."
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