Twenty-year-old Nick D’Aloisio is a computer programmer and achieved his success in internet entrepreneurship. At the age of 12, Nick was already developing mobile apps and selling them for hundreds of dollars. Summly, a tech summarization app, is what Nick is best known for. Nick created Summly at the age of fifteen, not expecting for it to be this popular and successful. This mobile app summarizes news stories for smartphones and tablets, making it easier for people to skim the news while still obtaining the vital information.
As a result of Summly’s prototype, Yahoo! agreed to purchase it for an estimated $30 million. Nick has been recognized as the youngest person to receive a round of venture capital in technology. He was also awarded “Innovator of the Year” in the Wall Street Journal for his work on Summly and at Yahoo!. Nick has not been creating apps long compared to most, but he is already a multi-millionaire! This story can encourage us to aim high and pursue our passions!
It’s amazing how much money you can make from apps. I really like his idea. Condensing content that is already out there and making it easier to read. Thanks for sharing!
The tech-world is so big and has produced so many millionaires and billionaires it’s crazy! A young kid developing an app and being crazy wealthy at such a young age… Crazy! The possibilities are endless when it comes to technology!