Tumblr founder to get $81 million to remain at Yahoo • Hacker News Board

Re: Tumblr founder to get $81 million to remain at Yahoo

#21

Post by jmathai » Fri, Aug 09, 2013, 4:45 PM UTC

ryguytilidie wrote: post #19

I have no problem with him getting 81m. The fact that all of the other employees combined get 29m combined while he gets that is pretty lame though.

Not really. Karp is worth orders of magnitude more to Yahoo! than the rest of the team.

Yahoo!'s always had engineers who could bring products to market. Their deficiency has long been with executives and the product groups.

Re: Tumblr founder to get $81 million to remain at Yahoo

#22

Post by briandear » Fri, Aug 09, 2013, 4:51 PM UTC

I wonder if he'd be allowed to work remotely.

Re: Tumblr founder to get $81 million to remain at Yahoo

#23

Post by tjbiddle » Fri, Aug 09, 2013, 4:57 PM UTC

briandear wrote: post #22

I wonder if he'd be allowed to work remotely.

The article mentioned that Tumblr would still be run independently from Yahoo in New York (Yahoo is in SV). Fun fact: SV can mean Silicon Vally or Sunnyvale in this case :-).

Re: Tumblr founder to get $81 million to remain at Yahoo

#24

Post by [deleted] » Fri, Aug 09, 2013, 4:58 PM UTC

jmduke wrote: post #17

canistr wrote: post #10

To me, the most fascinating aspect of the article is the list of Yahoo acquisitions since Mayer joined: July 17, 2012 Marissa Mayer becomes Yahoo CEO October 25, 2012 Stamped (Social Recommendation) December 4, 2012 OnTheAir (Video Conferencing) January 22, 2013 Snip.it (Social Network) February 12, 2013 Alike (Social Recommendation) March 20, 2013 Jybe (Social Recommendation) March 25, 2013 Summly (News Aggregation,…

Put another way: since March 20, Yahoo has averaged an acquisition every ten days.

[deleted]

Re: Tumblr founder to get $81 million to remain at Yahoo

#25

Post by badman_ting » Fri, Aug 09, 2013, 4:59 PM UTC

canistr wrote: post #10

To me, the most fascinating aspect of the article is the list of Yahoo acquisitions since Mayer joined: July 17, 2012 Marissa Mayer becomes Yahoo CEO October 25, 2012 Stamped (Social Recommendation) December 4, 2012 OnTheAir (Video Conferencing) January 22, 2013 Snip.it (Social Network) February 12, 2013 Alike (Social Recommendation) March 20, 2013 Jybe (Social Recommendation) March 25, 2013 Summly (News Aggregation,…

Well, it's not like the ideas were gonna come from inside Yahoo.

Re: Tumblr founder to get $81 million to remain at Yahoo

#26

Post by elliottcarlson » Fri, Aug 09, 2013, 5:09 PM UTC

ryguytilidie wrote: post #19

I have no problem with him getting 81m. The fact that all of the other employees combined get 29m combined while he gets that is pretty lame though.

Keep in mind that the majority of the Tumblr staff have been here a year or less.

Re: Tumblr founder to get $81 million to remain at Yahoo

#27

Post by mbesto » Fri, Aug 09, 2013, 5:17 PM UTC

canistr wrote: post #10

To me, the most fascinating aspect of the article is the list of Yahoo acquisitions since Mayer joined: July 17, 2012 Marissa Mayer becomes Yahoo CEO October 25, 2012 Stamped (Social Recommendation) December 4, 2012 OnTheAir (Video Conferencing) January 22, 2013 Snip.it (Social Network) February 12, 2013 Alike (Social Recommendation) March 20, 2013 Jybe (Social Recommendation) March 25, 2013 Summly (News Aggregation,…

Holy crap. Normally my reaction when "yet another social, mobile, recommendation" app company comes out is "why the hell..."

I now know why. There's serious exit money to be had.

Re: Tumblr founder to get $81 million to remain at Yahoo

#28

Post by Sven7 » Fri, Aug 09, 2013, 5:38 PM UTC

canistr wrote: post #10

To me, the most fascinating aspect of the article is the list of Yahoo acquisitions since Mayer joined: July 17, 2012 Marissa Mayer becomes Yahoo CEO October 25, 2012 Stamped (Social Recommendation) December 4, 2012 OnTheAir (Video Conferencing) January 22, 2013 Snip.it (Social Network) February 12, 2013 Alike (Social Recommendation) March 20, 2013 Jybe (Social Recommendation) March 25, 2013 Summly (News Aggregation,…

It's like the wasp that lays her eggs inside a big juicy caterpillar.

Re: Tumblr founder to get $81 million to remain at Yahoo

#29

Post by Sven7 » Fri, Aug 09, 2013, 5:40 PM UTC

ryguytilidie wrote: post #19

I have no problem with him getting 81m. The fact that all of the other employees combined get 29m combined while he gets that is pretty lame though.

You are entitled to have these problems only after you start a company and sell it off for a billion dollars.

Re: Tumblr founder to get $81 million to remain at Yahoo

#30

Post by kayoone » Fri, Aug 09, 2013, 5:53 PM UTC

VandyILL wrote: post #3

Doubt it's about his talent (even though he is very talented). Think it's more of a PR move. It'd look pretty bad for Mayer & Co if he ditched Yahoo in a couple months, and a ton of people would notice / company would get bad press. Keep him & you never have the negative press. Plus the scope of the negative press would dwarf the type of press this blurb is getting. Question is, is the difference between the $81 mill…

It is for them. Mayer doesnt want Tumblr to go down the drain and for that to work she needs Karp on board. 80M to keep the original visionary on board seems justifiable given the 1.1B total transaction price.