17 y/o solds startups for $30 Million and joins Yahoo
- Thread starter Zsaleem
- Start date
It's also pre-working 80 hour-weeks for a decade. Whatever other benefits the work brings, it wrecks their skin. She's a similar age to my wife and looks about 20 years older (no, fuck off, I'm not posting pics)
That algorithm sounds pretty interesting. Somehow it can read an article, discern the important elements, and reconstruct it in a shorter version. That's actually pretty cool. Better than 80% of the other piece-of-shit-apps out there.
$30m?
Wouldn't it be easier to hire like 5 good programmers to just clone the fucking thing and save $29m? Doesn't seem like a very complicated app..
Wouldn't it be easier to hire like 5 good programmers to just clone the fucking thing and save $29m? Doesn't seem like a very complicated app..
Finally one thing I fully agree with hellblazer.
The algorithm of summly app is some kind of genetic programming and not a simple linear algorithm used by other news aggregators.
The AI skims the content for you
Some fishy business going on here:
- Yahoo is [allegedly] buying Summly for the summarisation algorithm
- Summly didn't even build the algorithm that it runs off of (which Yahoo is apparently aquiring it for)
- There is no official announcement from Yahoo that it has been bought or for that much
- The article says Nick D'Aloisio (Summly founder) will remain in London, far away from Yahoo's main campus is Silicon Valley - which seems very odd for an acquihire, especially with Yahoo's new telecommuting ban.
- Nick D'Aloisio's father is a vice president at Morgan Stanley
Not sure what is going on, but a lot of things don't add up.
- Yahoo is [allegedly] buying Summly for the summarisation algorithm
- Summly didn't even build the algorithm that it runs off of (which Yahoo is apparently aquiring it for)
- There is no official announcement from Yahoo that it has been bought or for that much
- The article says Nick D'Aloisio (Summly founder) will remain in London, far away from Yahoo's main campus is Silicon Valley - which seems very odd for an acquihire, especially with Yahoo's new telecommuting ban.
- Nick D'Aloisio's father is a vice president at Morgan Stanley
Not sure what is going on, but a lot of things don't add up.
Yahoo did make an official announcement 2 days ago they were acquiring Summly -- the final price may or may not need to be disclosed depending on the SEC.
Yahoo! To Acquire Summly | Official Yahoo! Blog - Yodel Anecdotal