Marco Arment on the early days of Tumblr, David Karp’s product-driven thinking, and his piece of the pie:
As for me, while I wasn’t a “founder” financially, David was generous with my employee stock options back in the day. I won’t make yacht-and-helicopter money from the acquisition, and I won’t be switching to dedicated day and night iPhones. But 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.
Even 0.5% of $1.1 billion makes a “strong safety net” seem like a bit of an understatement. In any case, this is turning out to be a great year for Marco1, and every bit of it is deserved.