Marco Arment began working on Tumblr with Tumblr CEO and David Karp before Tumblr was a company.
He and Karp had been working together as Website-building contractors for other companies, and between projects, Karp suggested they work on a project for themselves.
Today, everyone is passing the post around saying its the best thing they’ve read about the startup Yahoo bought yesterday for $1.1 billion.
Arment says that the Tumblr sale won’t make him “yacht-and-helicopter” rich, but that “as long as I manage investments properly and don’t spend recklessly, Tumblr has given my family a strong safety net and given me the freedom to work on whatever I want.”
“And that’s exactly what I plan to do.”