In an electronic mail to Tumblr staff, CEO David Karp introduced that he’s ending his 11-year stint as the top of the Verizon-owned running a blog platform as 2017 attracts to a detailed.

Karp didn’t specify precisely what spurred the choice, however talked about that it “comes after months of reflection on my private ambitions.” His function will probably be taken up by president and COO Jeff D’Onofrio.

Karp, a New York native, has been by means of thick and skinny with Tumblr; he based it in 2007, and noticed the platform take form as a left-of-field various to fashionable providers like Blogger, offered it to Yahoo in 2013, which was subsequently acquired by Verizon final yr. Now, it hosts a reported 373 million accounts, as of this October.

On the similar time, Tumblr isn’t almost as mainstream as different social providers proper now. It’ll be attention-grabbing to see if D’Onofrio performs issues otherwise in his new place, and to comply with Karp’s journey to see what he works on subsequent.


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