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News Editor

Yahoo buys teen’s startup for $30M, hires him … and WHAT?

Opinion
Mar 25, 20132 mins

Nick D’Aloisio makes a mint, lands plum job … and quite the perk

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Credit: Nongnuch_L / Shutterstock

Yahoo today announced that it is shelling out $30 million to acquire Summly, maker of a mobile news aggregation app, and will be hiring the 17-year-old programming wunderkind, Nick D’Aloisio, who developed the technology on his bedroom PC.

 And if that’s not enough to make a teenager’s day, the job comes with an unusual perk; unusual at least at Yahoo. From a Forbes story about the deal:

Summly’s app will now be taken off Apple’s App Store, and D’Aloisio himself will become a full-time employee of Yahoo. He won’t have a title, but will be working with the company’s mobile team based out of his home in Wimbledon, London.

Based out of his, wait, what?