Nick D'Aloisio

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Nick D'Aloisio
Nick D’Aloisio, Founder, Summly @ LeWeb London 2012 Central Hall Westminster-1238.jpg
D'Aloisio at London 2012, Central Hall Westminster
Born
Nicholas D'Aloisio-Montilla

(1995-11-01) 1 November 1995 (age 23)
ResidenceOxford, England
NationalityBritish
EducationKing's College School, University of Oxford
OccupationComputer programmer, Internet entrepreneur, philosopher, student (Hertford College, University of Oxford)
Known forSummly

Nicholas D'Aloisio (born 1 November 1995) is a British computer programmer and internet entrepreneur. He is the founder of Summly, a mobile app which automatically summarises news articles and other material.[1] D'Aloisio was the youngest person to receive a round of venture capital in technology, at the age of 15.[2][3]

Early life and education[edit]

D'Aloisio was born in London. His father, Lou Montilla, is an investment banker; his mother, Diana D'Aloisio is a lawyer.[4][5] He has one younger brother, Matthew. At a young age, D'Aloisio and his family moved to Australia where they resided in Perth and Melbourne.[6] When he was seven, they returned to London. D'Aloisio was educated at King's College School, an independent school for boys in Wimbledon, south west London.[7] In the summer of 2014, he took A-level examinations in three subjects.

D'Aloisio studied philosophy and computer science at Hertford College, Oxford University.[8] In 2019, he will begin his BPhil graduate programme in Philosophy.[9] Since 2017, D'Aloiso has published a number of academic papers in peer-reviewed journals.[10] One of them, titled "Imagery and Overflow: We See More Than We Report", was published in Philosophical Psychology[10][11] He presented a second paper at the Centre for Philosophical Psychology, University of Antwerp.[12] A third paper was published in the philosophy journal Ratio.[13][14] Further academic papers will be published in journals, Phenomenology and the Cognitive Sciences and Disputatio.[15]

Career[edit]

Summly[edit]

In March 2011, D'Aloisio launched an iOS app named Trimit, which used an algorithm to condense text such as emails and blog posts into a summary of 1000, 500, or 140-character text.[16] With 100,000 downloads,[5] the app was featured as on the Apple App Store.[17] Shortly afterwards, Trimit attracted the attention of business magnate Li Ka-Shing, who provided 16-year old D'Aloisio with US$300,000 in venture capital investment.[18][19] After gathering feedback, D'Aloisio re-designed the app and renamed it Summly in December 2011.[20]

Summly aimed to solve perceived problems with the way news articles are presented on smartphones,[18] with the initial version of Summly being downloaded by over 200,000 users.[21] He hired a team from Israel, including a scientist named Inderjeet Mani, who specialised in natural language processing, to improve the app.[22][23] With corporate support,[24] in November 2012, D'Aloisio received US$1 million in new venture funding from celebrities such as Yoko Ono, Ashton Kutcher and Stephen Fry, in addition to Li Ka-Shing.[25] In March 2013, D'Aloiso sold Summly to Yahoo! for approximately US$30 million dollars.[26] He joined Yahoo! as a product manager the same month.[27]

Yahoo News Digest[edit]

In January 2014, D'Aloisio announced the launch of Yahoo News Digest at the Consumer Electronics Show in Las Vegas.[28] An evolution of Summly, Yahoo News Digest provides mobile users with a summary of important news of the day in the form of a twice-a-day digest.[29] The articles are automatically and manually curated, as well as summarised into key units of information, known as "Atoms", which include maps, infographics, quotes and Wikipedia extracts.[30] The Verge praised the app, stating, "Yahoo! News Digest is the boldest and most visually impressive app the company has released since Yahoo! Weather last year." [31] It was the winner of the 2014 Apple Design Award.[32] D'Aloisio resigned from Yahoo! in October 2015.

Sphere[edit]

In late 2015, D'Aloisio co-founded a new startup called Sphere Knowledge. Whilst yet to be made public, Sphere is said to be knowledge-sharing service where users can swap information via instant messaging. [33] As of March 2019, the Financial Times reports that the company has raised US$30 million.[33]

Awards and recognition[edit]

D'Aloisio garnered media attention for being a young entrepreneur. He has been covered by major publications, including ReadWrite,[34] Business Insider,[35] Wired,[36] Forbes,[37][38] The Huffington Post[18] and TechCrunch.[39] D'Aloisio has also made numerous television appearances.[4]

In 2013, The Wall Street Journal awarded D'Aloisio "Innovator of the Year" in New York City for his work on Summly and at Yahoo.[40] He was included in Time magazine's Time 100 as one of the world's most influential teenagers.[41] He also appeared in the 30 Under 30, an annual list of top entrepreneurs by Forbes, and appeared in GQ magazine's 100 Most Connected Men of 2014.[42] D'Aloisio was placed #30 on the 2014 Silicon Valley 100 by Business Insider. [43] He won a Spirit of London Award in December 2012 as Entrepreneur of the Year.[44] In addition, he was placed #1 in London's Evening Standard Top 25 under 25 for 2013.[19] D'Aloisio also received 2013's Entrepreneur of the Year by Spear's Wealth Management, as well as a Merton Business Award.[45]

See also[edit]

References[edit]

  1. ^ "Yahoo Paid 30 Million in Cash For 18 Months of Young Summly Entrepeneur's Time".
  2. ^ Ouimet, Maeghan (2012-11-02). "World's Youngest VC-Funded Entrepreneur? - Yahoo Small Business Advisor". Smallbusiness.yahoo.com. Retrieved 2013-10-28.
  3. ^ Lomas, Natasha (2010-08-03). "True Ventures Invests In 19 Year Old Entrepreneur Brian Wong". TechCrunch. Retrieved 2013-10-28.
  4. ^ a b Summly creator Nick D'Aloisio: 'I try to maintain a level of humbleness' The Guardian, 29 March 2013, retrieved 29 March 2013
  5. ^ a b Wakefield, Jane (2011-12-28). "Teenage app prodigy hits jackpot". Retrieved 2019-03-16.
  6. ^ Grubb, Ben (2013-03-26). "Teen's multimillion-dollar Yahoo payday before 18th birthday". The Sydney Morning Herald. Retrieved 2019-03-15.
  7. ^ Frean, Alexandra (2017-10-06). "Summly founder Nick D'Aloisio raises £12m for new app". The Times. ISSN 0140-0460. Retrieved 2019-03-16.
  8. ^ Clark, Liat (2014-09-23). "Exclusive: Nick D'Aloisio to combine Oxford studies with Yahoo role (Wired UK)". Wired UK. Retrieved 2015-10-16.
  9. ^ "Nick D'Aloisio | University of Oxford - Academia.edu". oxford.academia.edu. Retrieved 2019-03-16.
  10. ^ a b "Nick D'Aloisio, Academic Profile".
  11. ^ d'Aloisio-Montilla, Nicholas (2017). "Imagery and overflow: We see more than we report". Philosophical Psychology. 30 (5): 545–570. doi:10.1080/09515089.2017.1298086.
  12. ^ d&#39, Nick. "Two Seeming Successes of Introspection Workshop".
  13. ^ d&#39, Nick. "A Brief Argument For Consciousness Without Access".
  14. ^ d'Aloisio-Montilla, Nicholas (2018). "A Brief Argument For Consciousness Without Access". Ratio. 31 (2): 119–136. doi:10.1111/rati.12183.
  15. ^ d&#39, Nick. "Overflow Through Overload (R & R The Review of Philosophy and Psychology".
  16. ^ Lomas, Natasha (2011-07-15). "Trimit Summarizes Emails, Blog Posts, And More With A Shake Of Your iPhone". TechCrunch. Retrieved 2013-10-28.
  17. ^ "trimit for iPhone, iPad, and iPod touch on the iTunes App Store". Itunes.apple.com. 2011-08-12. Retrieved 2013-10-28.
  18. ^ a b c Grandoni, Dino (2 November 2012). "17-Year-Old Summly Founder Nick D'Aloisio's Immodest Goal: Change The Way You Read News". Huffingtonpost.com. Retrieved 2013-10-28.
  19. ^ a b "London's top 25 under-25s: they're young and successful - deal with it". Evening Standard. 2013-03-28. Retrieved 2019-03-16.
  20. ^ Heesun Wee (2012-11-16). "Meet the 17-Year-Old Who Is Reinventing News". Cnbc.com. Retrieved 2013-10-28.
  21. ^ "Teenager receives $1 million for creating app". Digitaljournal.com. 2012-11-05. Retrieved 2013-10-28.
  22. ^ Stevenson, Seth (11 November 2013). "How Teen Nick D'Aloisio Has Changed the Way We Read". The Wall Street Journal.
  23. ^ "What Does $30 Million Buy You?". The Wall Street Journal. 26 March 2013.
  24. ^ Bradshaw, Tim (2012-11-08). "The savvy network behind Summly". FT.com. Retrieved 2013-10-28.
  25. ^ Lomas, Natasha (2012-11-01). "Backed With $1M In Fresh Funding, Summly's 17-Year-Old Founder Shows Off His App's New Look [TCTV". TechCrunch. Retrieved 2013-10-28.
  26. ^ "Yahoo acquires mobile news start-up Summly". Stuff.co.nz. 2013-03-26. Retrieved 2013-10-28.
  27. ^ Luckerson, Victor. "Q&A With the 17-Year-Old Who Sold an App to Yahoo for $30 Million". Time. ISSN 0040-781X. Retrieved 2019-03-16.
  28. ^ McCracken, Harry (2014-01-08). "Yahoo's News Digest App: The Least Overwhelming News Source Ever | TIME.com". Time. Retrieved 2015-10-16.
  29. ^ "Yahoo News Digest: Get In The Know In No Time | Yahoo". Yahoo.tumblr.com. 2014-01-07. Retrieved 2015-10-16.
  30. ^ "Science Powering Product: Yahoo News Digest | Yahoo Labs". Yahoolabs.tumblr.com. 30 June 2014. Archived from the original on 30 October 2015. Retrieved 16 October 2015.
  31. ^ Newton, Casey (2014-01-07). "Yahoo's sleek News Digest app swims against the stream". The Verge. Retrieved 2015-10-16.
  32. ^ "Yahoo Wins Another Apple Design Award For News Digest". TechCrunch. 2014-06-02. Retrieved 2015-10-16.
  33. ^ a b "Subscribe to read". Financial Times. Retrieved 2019-03-16.
  34. ^ "Summly: New App Helps You Read All Your Bookmarked Links in Minutes – ReadWrite". Readwriteweb.com. Retrieved 2013-10-28.
  35. ^ Boonsri Dickinson (2011-12-19). "This 16-Year-Old Genius Scored Funding From A Hong Kong Billionaire For An iPhone App - Business Insider". Articles.businessinsider.com. Retrieved 2013-10-28.
  36. ^ Bonnington, Christina (2011-12-13). "Teen's iOS App Uses Complex Algorithms to Summarize the Web | Gadget Lab". Wired.com. Retrieved 2013-10-28.
  37. ^ Olson, Parmy (2011-12-13). "Teenage Programmer Backed By Hong Kong Billionaire Li Ka Shing". Forbes. Retrieved 2013-10-28.
  38. ^ Carr, Coeli (2011-09-15). "10 Tips From A 15-Year-Old App Developer On The VC Fast Track: How Parents Can Nurture Their Teenage Tech Prodigies". Forbes. Retrieved 2013-10-28.
  39. ^ Lomas, Natasha (2011-12-13). "16-Year-Old Programmer Raises Seed Round From Billionaire Li Ka Shing To 'Summarize The Web'". TechCrunch. Retrieved 2013-10-28.
  40. ^ Stevenson, Seth (2013-11-11). "How Teen Nick D'Aloisio Has Changed the Way We Read". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-03-16.
  41. ^ "Nick D'Aloisio, 18 | The 16 Most Influential Teens of 2013 | TIME.com". Time. 2013-11-12. Retrieved 2015-10-16.
  42. ^ GQ. "GQ and ei's 100 Most Connected Men 2014". British GQ. Retrieved 2019-03-16.
  43. ^ D'Onfro, Megan Rose Dickey, Jillian. "THE SILICON VALLEY 100: The Coolest People In Tech Right Now". Business Insider. Retrieved 2019-03-16.
  44. ^ Burke, Elaine (2013-03-26). "Meet Nick D'Aloisio, the 17-year-old entrepreneur Yahoo! just made a millionaire - Companies | siliconrepublic.com - Ireland's Technology News Service". Silicon Republic. Retrieved 2019-03-16.
  45. ^ "Winners Announced of Spear's Wealth Management Awards 2013 - Spears". Spearswms.com. Retrieved 2015-10-16.

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