After months of reflection, Tumblr CEO & founder steps down

The CEO and founder of Tumblr David Karp has stepped down from his role according to a post on Monday by the blogging service platform.

The post revealed that Karp who found the platform 10-years ago was quitting as the company’s CEO “after months of reflection.”

Karp launched Tumblr in 2007 at the age of 20, and the platform soon became a hit with younger adults and creatives as a place to share a vast range of often quirky material.

At its peak in early 2014, users were adding around 115 million posts a day, but as Facebook and predominantly mobile services like Instagram and Snapchat gained in popularity, the daily post count has fallen steadily and stands at around 35 million for 2017.

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Thirty-one-year-old Karp said he looks back with pride “at a generation of artists, writers, creators, curators, and crusaders that have redefined our culture and who we have helped to empower.”

Addressing his former colleagues directly, he added: “The internet is at a crossroads of which this team can play a fundamental role in shaping. You are in the driver seat, and I am so excited to see where you go.”

His decision to quit came “after months of reflection on my personal ambitions,” Karp said.

 

 

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