One of my faithful DigiDame readers, who is an investor in the high tech business, says that Yahoo never had any intention of keeping Summly alive.
Go to DigiDame to see the following stories with their full illustrations:
1) Will the 17-year old who sold his company to Yahoo get his money?
2) Kardashians are super confident.
3) Where to find non-profit jobs.
Last week, DigiDame told you about Yahoo buying a news-aggregator for $30 million that had been created by a 17-year-old student. Turns out the story may not have such a happy ending. News just broke that there may be a copyright situation going on.
When I was 17 years old, I was still trying to figure out how to take the subway to Manhattan by myself from Hollis, Queens much less selling a company I started a few years earlier to one of the best known brands in the country. Continue reading