Yahoo filed a 10-Q report with the SEC Thursday, disclosing some additional details about the 10 startups it acquired between the end of March and the end of June — including its biggest one, Tumblr, which cost the company around $ 1.1 billion.
The filing also reveals Tumblr CEO and founder David Karp's compensation package. In addition to the estimated $ 250 million in cash and $ 29 million in stock he received for selling Tumblr, he'll also receive a salary of $ 10 million a year and an additional $ 41 million worth of stock if he stays on with the company for four years. (Note that the $ 41 million is current value of the shares, which could go up or down by the time he receives them.) Read more...
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