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Yahoo! Buys Tumblr For $1.1 Billion
May 20, 2013 - By Staff Writer
David Karp, the 26- year
old founder of Tumblr Inc. who started the business in his mom's
basement in 2007, made a killing today with the sale of the company
to Yahoo! for $1.1 billion. Karp who still has not earned a
high school diploma, acquired a lot of his experience working as a
consultant for UrbanBaby.com. Congratulations David!
More on
the story here.