James F. Booth

For more than 25 years, James Booth has provided consulting and legal services to telecommunications carriers and to enterprise companies that manage their own telecommunications networks. Since June of 2009 he has also served as General Counsel of Spread Networks, LLC, which is the industry leader in the construction and operation of low latency high speed networks. Before joining Spread he was General Counsel for OnFiber Communications, a competitive telecommunications provider, and was the sole attorney for Qwest Communications International in support of its construction of an 18,800 mile fiber optic network spanning the United States. Earlier he was lead counsel for U S WEST in its wireless and cable television ventures in the United States, Europe and Hong Kong.

Wednesday, May 22, 2013

Not A Billionaire: After Yahoo Deal, Tumblr Founder David Karp Is Worth Just Under $200 Million

David Karp didn’t finish high school. That didn’t stop him from working his way into the 1 percent. On Monday, when Yahoo YHOO -1.74% announced it would acquire Karp’s Tumblr, rumors swirled across the Web that the 26-year-old entrepreneur had become a billionaire, joining the likes of Facebook FB -2.01% cofounders Mark Zuckerberg and Dustin Moskovitz as the youngest members of the 10-figure fortune club. The Tumblr founder, however, is not a billionaire. But he is still very wealthy. http://www.forbes.com/sites/ryanmac/2013/05/22/after-yahoo-deal-tumblr-founder-david-karp-is-worth-just-under-200-million/