NEW YORK ¨C Tumblr Inc. Chief Executive Officer David Karp, a 26-year-old who started the company in 2007, signed a note announcing Yahoo! Inc.¡¯s $1.1 billion acquisition with the closing, ¡°F-ck yeah.¡±
Beyond just expressing elation, Karp was making a statement that the New York-based company will retain its distinctive and irreverent character under a new owner. The phrase is common parlance at the social-media upstart, used in the titles of some of its most popular blogs. In its own statement on the deal, Yahoo echoed the idea of giving Karp and Tumblr a wide berth, saying it ¡°promises not to screw it up.¡±
¡°Our headquarters isn¡¯t moving. Our team isn¡¯t changing. Our road map isn¡¯t changing,¡± Karp said. ¡°Our mission ¡ª to empower creators to make their best work and get it in front of the audience they deserve ¡ª certainly isn¡¯t changing.¡±
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