U.K. resident Nick D’Aloisio is only 17, and this week he sold his tech start-up to Yahoo! for $30 million. D’Aloisio developed an iPhone app called Summly, that condenses online articles into 100 words.
The 17-year-old had the idea for his news reader app when revising for a history exam. While clicking in and out of search results on Google, he realised how inefficient and time-wasting it was…
Mr D’Aloisio, taught himself animation software on an old Apple Mac computer in his bedroom. Three years later, after moving to London, he downloaded the iPhone development kit and developed his own software from his bedroom in Wimbledon, southwest London.
Shakil Khan, an investor and mentor to Mr D’Aloisio who has advised and backed several start-ups including music service Spotify, describes the teenager as a “visionary” and predicts his success with Summly will be “the first of many”.
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(via Drudge)
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