Yahoo to Pay Tumblr’s David Karp $81 Million to Stay for 4 Years

David Karp, 27-year old founder of Tumblr,  is set to earn a bonus of $81 million in addition to his salary if he stays at Yahoo! for the next four years.  Tumblr was launched in Feb. 2007 by Karp, a New York City high school drop out and acquired by YAHOO for $1.1 billion in May 2013.

source

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: