Walk into any Starbucks during business hours and you are likely to find smartly-dressed people on their phones or iPads, reviewing documents in Dropbox, looking up accounts in Salesforce.com, or pounding out messages in Gmail. It’s the kind of everyday activity that makes people much more productive – but it also gives IT departments heartburn. That, in a nutshell, is why we are thrilled to partner with Skyhigh Networks.
David Karp first visited Sequoia in October 2010, when Tumblr was a 12-person blogging startup. Fred Wilson of Union Square Ventures described David as an inspiration and told us we had to meet him.
What followed was one of the fastest decisions in our firm’s history.
David sat down with a few of us at 11 a.m. It was clear he had identified a problem that he knew about firsthand and he knew how to solve it.
His first objective was creating an easy-to-use, aesthetically-beautiful place for people to express themselves, and to build a network around it to allow people to follow and share what they love.
His presentation said: “Total freedom of expression. An identity you’re truly proud of. A network of people sharing and following the things they love.”
Beyond that, though, it was his passion and sincerity that hooked us.
Everyone, I’m elated to tell you that Tumblr will be joining Yahoo.
Before touching on how awesome this is, let me try to allay any concerns: We’re not turning purple. Our headquarters isn’t moving. Our team isn’t changing. Our roadmap isn’t changing. And our mission – to empower creators to…
“If you don’t like change, you’re going to really hate being irrelevant.” — Todd Cozzens at MITEF
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Congrats to Kevin, John and the super team at Xoom on the IPO today! source: Nasdaq