Earlier quoted context omitted.
It's only awkward if you are carrying around a big ego. I've joined places just after acquisition and had co-workers who were worth millions as well. It's really not a big deal.
He's not got a good reputation for communication: http://gizmodo.com/5830076/how-i-made-a-15+year+old-app-deve...
The Summly deal makes no sense
31–40 of 260 posts
Re: The Summly deal makes no sense
#32Seems like a good deal to me
Re: The Summly deal makes no sense
#33From the article, Let's ignore the hurt feelings that our employees will have about making a 17 year-old a millionaire. The price tag for this company aside, am I the only one that detects a hint of jealousy in some of the comments that seem to imply "but he's too young to be a millionaire!"?
I did find that sentence a little strange myself. I didn't think jealousy from the writer, my first thought was "why should the employees be jealous?" Is it the employees of Summify, didn't they all receive a nice payment ($1m each)? And I can't imagine any of the Yahoo employees being jealous, well, perhaps, but I doubt it is the first time Yahoo have made a millionaire teenager. Even if they are, let them use it as…
Re: The Summly deal makes no sense
#34Re: The Summly deal makes no sense
#35Earlier quoted context omitted.
It's only awkward if you are carrying around a big ego. I've joined places just after acquisition and had co-workers who were worth millions as well. It's really not a big deal.
He's not got a good reputation for communication: http://gizmodo.com/5830076/how-i-made-a-15+year+old-app-deve...
Re: The Summly deal makes no sense
#36It makes perfect sense, they've got some technology out of it, some people who understand mobile, and a nice big headline. Worth $30m of my money? Probably not. Worth $30m of Yahoo's money? Maybe, they're not likely to have decided to spend that much on an acquihire without board approval really are they. Unless they Zuckerberg'd it and thought it was better to seek forgiveness.
Also free advertising. The BBC had "teenage entrepreneur sells amazing app to yahoo" plastered all over it yesterday.
Re: The Summly deal makes no sense
#37Earlier quoted context omitted.
He's not got a good reputation for communication: http://gizmodo.com/5830076/how-i-made-a-15+year+old-app-deve...
So he's a teenager?
Re: The Summly deal makes no sense
#38Can someone comment on whether this is a reasonable amount of money to pay for talented engineers and some patents? As a service, the deal doesn't make much sense...it doesn't seem that the world is hungry for ways to simplify web content, even if the technology actually worked. The most popular articles on most news sites are popular because of their in depth content or because they are slideshows of arousing photos…
Re: The Summly deal makes no sense
#39There's a possibility that this publicity changes younger people's perception of Yahoo's. They'll see the BBC headline and a) will now know what Yahoo! is and b) might get motivated to write/learn code and even want to go work for a tech company (even Yahoo itself). Combined with everything else Marissa Mayer is doing, (b) might actually happen, as altruistic-seeming as it might sound.
I'm 21, probably out of the definition of 'younger person' by a while, but even I don't get it. $30m is a lot for what I assume is an application of SRI's technology. Still seems to me like Yahoo! is a place where engineers are handed the purse strings, a la 2005 era.
Exactly! :) Assuming the above is meant in a positive way, you might not have said/thought that if it wasn't for this, and other, stories recently involving Yahoo and their acquisitions.