13 posts and columns on David Karp

News Byte

Tumblr President John Maloney Leaves

in Social on April 27 at 5:03 pm PT

John Maloney, who has steered day-to-day operations at Tumblr for nearly four years, is stepping down. The company hasn’t announced a replacement for Maloney’s president slot. Maloney had previously employed Tumblr CEO David Karp at Urban Baby. Last week, Karp announced that his company, which has yet to generate significant revenue, would start selling advertising.

A Bargain for Tumblr

The joke now is what’s the first tech company that we acquire. I hear AOL’s going pretty cheap.

– David Karp, founder of Tumblr, to the Guardian’s Josh Halliday

Tumblr’s Inflection Point Came When Curators Joined Creators

in Social on January 23 at 12:41 am PT

The average post on Tumblr is reblogged nine times, according to founder and CEO David Karp.
DavidKarpDLD

News Byte

Another $85 Million for Tumblr

in Media on September 26, 2011 at 4:55 am PT

Tumblr, the booming blogging platform that has yet to spend much time generating revenue, now has even more time before it has to get down to business. The four-year-old company has raised an $85 million round led by Greylock Partners and Insight Venture Partners, along with new money from Peter Chernin and Richard Branson. Earlier investors Spark Capital, Union Square Ventures and Sequoia Capital re-upped as well.

Tumblr Falls Into a Really Big Pile of Money

in Media on November 19, 2010 at 10:39 am PT

Sequoia leads a giant round that could value the company at more than $140 million. Whatever the final number is, it’s a lot. So it’s either too much for a company that still doesn’t generate real revenue, or a bargain for a company that’s growing like gangbusters. Place your bets!

Tumblr Raises Another $5 Million From Spark and Union Square. Now It Wants Your Money.

in Media on April 20, 2010 at 3:00 am PT

Tumblr’s David Karp, seen carpet surfing on the cover of New York Magazine this week, says his hipster blog service is ready to become a real business. Karp’s VC backers seem to believe him.

Yahoo Buying Tumblr? “Categorically Untrue.”

in Media on February 9, 2009 at 3:41 pm PT

And they say bloggers don’t work! I had to get off my sickbed today to call David Karp, the CEO of Tumblr, and ask him if he really was in talks to sell his company to Yahoo, as Gawker/Valleywag reported. For the record, Karp says the report is “categorically untrue.”

Who Said Web 2.0 Was R.I.P.? Microblog Tumblr Raises $4.5 Million, Expectations.

in Media on December 11, 2008 at 3:00 am PT

Tumblr is exactly the kind of start-up that’s supposed to be gasping for air in today’s dismal economy: A trendy but niche Web service with a prominent founder and exactly zero revenue. Instead, it has raised a $4.5 million funding round from Union Square Ventures and Spark Capital, which values the company at around $15 million.