Meet Nick D’Aloisio, 17, Who Just Sold His Startup for Millions

Nick D'Aloisio, founder of Summly, poses for a photograph in London, U.K., on Mar. 26, 2013 Photograph by Matthew Lloyd/Bloomberg

Nick D’Aloisio just agreed to sell his mobile news-reading startup Summly to Yahoo! for a rumored $30 million—which wouldn’t be so unusual, except D’Aloisio is 17 years old. And while many seem to assume that the young entrepreneur will take his windfall and flee the faded Internet portal as soon as possible, D’Aloisio says he has no intention of departing. He wants to stay at Yahoo and help the company capitalize on its strengths to return to greatness.

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