Meet the 17-Year-Old Who Is Reinventing News
Category: Stock Market & Investments
Via: the-irascible-harry-krishner • 11 years ago • 1 commentsWhen Summly founder Nick D'Aloisio got a cold email last summer from Li Ka Shing, the now-17-year-old didn't recognize the Hong Kong billionaire's name.
In December 2011, D'Aloisio launched Summly, an Apple iPhone app that generates concise, visually attractive summaries of news articles. The app offers an easy way to consume news on mobile devices in one snapshot, without having to continually scroll down to read more.
D'Aloisio has since been courted by elite investors and advisors, including Li Ka Shing. "I explained that I was only 15, but that didn't discourage him," said D'Aloisio on CNBC's "Squawk Box." The billionaire invested $300,000.
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