The Tumblr founder who once said advertising "really turns our stomachs" told a group of advertisers at the Cannes Lions festival that they were "more talented than anyone in the Tumblr office or in Palo Alto or Sunnyvale."
"I wanted something where I could be free," Tumblr founder and newly minted billionaire David Karp says. He found it in what one former colleague calls a "one-person product"—and then Yahoo came calling.
"I look back on Tumblr’s crunch times with mixed feelings," says Arment, who was lead developer for the site for four years. "I don’t want to return to that stress level, but David pushed me to do amazing work that I didn’t think was possible."
The 26-year-old founder of the blogging giant—now reportedly being acquired for $1.1 billion by Yahoo—couldn't figure out how to sustain its experimental journalism project. Here's Karp on Tumblr's future from our recent Innovation Uncensored conference.
David Karp, the microblog's founder, announced the news in a blogpost yesterday. The four-strong team, which he described as an "experiment" had successfully placed stories about Tumblr's more interesting creators throughout the media, earning itself a James Beard award in the process.