Meet 17 year old who sold startup to yahoo

Nick D'Aloisio - Wikipedia

meet 17 year old who sold startup to yahoo

This year, the office-cleaning startup – founded by year-old Dan Teran and 33 -year-old Saman Rahmanian – expanded out of New York. Meet Nick D'Aloisio, the year-old who sold his app company, Summly, We looked at the already impressive work of the British startup. SAN FRANCISCO -- Meet Nick D'Aloisio, the year-old British entrepreneur sensation who just sold his popular news-reading app to Yahoo.

16-Year-Old Dropout Is CEO of Company Potentially Worth Millions

He hopes to study dentistry next year at Case Western Reserve University. Photo courtesy of Eddy Zillan More Bitcoin and other cryptocurrencies are suddenly the hottest investment since the dot-com bubble, after a stunning surge in value during the last year.

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Many crypto investors are reluctant to talk about their holdings, since alt-currencies are still associated with illicit activity, and they tend to appeal to non-traditionalists in the first place. There are also plenty of detractors who insist cryptocurrencies are Ponzi schemes or worse.

Yet regulators may soon bestow validity on cryptocurrencies by allowing broader investments, such as exchange-traded funds ETFsto track their value.

meet 17 year old who sold startup to yahoo

The origins of bitcoin Bitcoin is a digital payment system launched in by a person or group using the name Satoshi Nakamoto. As more people buy in, that interest alone could send the crypto rally even higher.

I own a small amount of bitcoin. But Bill Gates, Richard Branson, and Mark Cuban are believers, and many investors think bitcoin and other digital currencies are like the Internet in — a transformative technology about to erupt.

This popular teen app is quickly turning into Chatroulette 2.0, complete with all its issues

The money is certainly real. He and the seller made the transaction in bitcoin, without using a traditional bank. Saddington, who runs a cryptocurrency social network called TheBitcoin. Skupien, who is 55 and works as an executive at a Napa Valley winery, saw a friend ask about bitcoin in a Facebook post a few years ago.

Monkey is a video-chat app for iPhone and iPad, and connects users around the world with like-minded individuals for second video chats using their Snapchat usernames.

Meet some people getting rich from bitcoin

If you make a connection, you could have a friend on social media, which can be as important as real life. That may be one reason why the app has taken off among the younger set: The app was meant to be an updated version of random video-chat site Chatroulette for today's teens, but without the sexually explicit content.

Turner and his team developed artificial intelligence technology that would help detect inappropriate content, along with tools to allow users to report it.

meet 17 year old who sold startup to yahoo

But a brief time on the app revealed the same issues that brought down Chatroulette after a brief period of massive popularity in Among the 25 users CNBC chatted with, one was engaging in a sexually explicit act while another was showing off his genitals. The activity is monitored and then if the inappropriate content is confirmed, the user is banned.

meet 17 year old who sold startup to yahoo

In the version of Monkey that will launch with iOS11, the machine learning will kick in before the user is even reported. Monkey is taking this seriously and being proactive to solve it. Monkey claims its actual usage is much higher, in the millions.

It's particularly popular among teens and young adults. According to App Annie, Monkey was the number-one app downloaded by to year-olds in April, and has remained in the top 10 ever since. Currently, it's the ninth most popular app among that age group.

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

The average user is 23, according to analytics firm Sensor Tower, and it's pretty evenly split between female and male users -- 48 to 52 percent. Monkey says that the average age of its users is only Monkey is the brainchild of Turner and co-founder Ben Pasternak.