I've never used Summly but perhaps it would have come in handy when reading this article.
Many businesses have been built by riding on the backs of others. A good number of them have already been mentioned in the discussion here.
Many others have also tried, and failed. And have lost both time and capital in the process.
Lets not forget something here - a 17 year old kid licensed technology from SRI and then developed this app. How many 17 year old kids do you know who would even think to do something like that? It's certainly not something that ever crossed my mind as a teenager.
Obviously Yahoo sees something in him (them) that many others don't. Can't comment on whether its the right move or not, but just look at their stock price since Mayer took over.
Lets not forget something here - a 17 year old kid licensed technology from SRI and then developed this app. How many 17 year old kids do you know who would even think to do something like that? It's certainly not something that ever crossed my mind as a teenager. Obviously Yahoo sees something in him (them) that many others don't. Can't comment on whether its the right move or not, but just look at their stock price since Mayer took over.