Teen Who Sold His App to Yahoo for $30 Million, Leaves Company to Study More
Short Bytes: Nick D’Aloisio has left Yahoo to concentrate on his computer science and philosophy studies at Oxford. Just two years ago, he sold his news-aggregation app called Summly to Yahoo for $30 million. Since then, he was working as a part-time product manager at Yahoo.
Nick D’Aloisio took this step to focus more on his computer science and philosophy course at Oxford. Earlier this year, it was reported that he was dividing his time as a part-time product manager at Yahoo and Oxford University’s philosophy classes.
Nick sold his app for $30 million to the tech-giant when he was just 17. Yahoo worked upon his app to build Yahoo’s News Digest app that won an Apple Design Award last June.
“Nick has taken time to focus on his studies; he continues to be involved with Yahoo,” said a Yahoo spokesperson when asked about D’Aloisio. They are still in talks, but things aren’t the same as they were before.
According to the sources of TechCrunch, it’s possible that D’Aloisio is more interested in working in his own startup. Along the similar lines, last year he said in an interview: “I’ve no idea where I’ll be in five years. I could be at Yahoo … I could be at university … I could be doing another company. But wherever I am, I want to innovate and create companies or ideas that I’m super-passionate about.”
What do you think about this step taken by Nick D’Aloisio? Tell us in the comments below.
Also read: 16-year-old Indian-Origin Kid Claims His Search Engine Is 47% More Accurate Than Google
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