17 Year Old High School Student Sells Mobile App to Yahoo for $30 Million
April 2, 2013 Leave a comment
Nick D’Aloisio was a pretty average high school kid, that is until he sold his app Summly to Yahoo for $30 million. D’Aloisio’s app provides bite-sized summaries of content from news and other websites for it’s readers. He is currently a high school student living in Wimbledon, south London, and will be working at the Yahoo! London headquarters after graduation. While he enjoyed making different apps and programs, he never expected to actually profit from it. He stated that the money will go into a trust fund, and towards a new computer, as well as some new trainers.
Diana D’Aloisio, his mother, said that, “I knew he was a little out of the box, but I didn’t expect it to happen all of a sudden like this,” she said. “From a young age he displayed abilities in technologies I frankly didn’t understand. He was doing 3D programming, and we bought him a book called C Programming For Dummies. My husband and I just used our computers for work, he was doing totally different stuff.”
Nick D’Aloisio began making films on computers at the age of nine, and started programming at 12 when Apple opened the App Store. He released his first app a couple years later called Fingermill, which is a virtual treadmill for your fingers. He launched Summly in November of 2012, and it won one of Apple’s best apps of 2012. So far, 90 million summaries have been read. Since being sold to Yahoo, it will be shut down and integrated into Yahoo’s business.