At 15 Nick D’Alosio created a the company now known as Summly. Nick found a gap in online media, that forces customers to purchase articles based on the first few sentences of an article. Through a logarithm, the Summly app is able to intelligently summarize an entire article, highlighting all of the main points and issues, all fit to the size of a consumer’s device.
Now 17, Nick has raised 250 million in financing from billionaires such as Li Ka Shing and celebrities like Ashton Kutcher. As an entrepreneur, Nick has dedicated all of his time to this revolutionary technology. He has left school, and works full time with the company and its investors.
With the technology sector growing so fast, there are ample opportunities for young entrepreneurs like Nick to make a difference. Entrepreneurs that are as young as Nick are more in touch with the market and they are able to utilize developing technologies to create a new need. Similarly, Mark Zuckerberg a young Harvard student was able to create Facebook from an idea that developed after a night of drinking with friends. These Silicon Valley entrepreneurs are the future. The future of technology, and again the future of the market.
