Salary Comparison Failure - Read a post that stated top bug bounty hunters make 3X the salary of average developers. Umm what? Who cares what those top people make? You got to compar...
17 Year Old Sells Company to Yahoo for $30M
Now Nick is no ordinary 17 year old. He started programming when he was 12. His dad works for Morgan Stanley, and his mom is a lawyer. His company Summly has a number of high profile investors such as Ashton Kutcher. Nick is the majority owner of the company. As such, he will be keeping most of the $30M proceeds.
Many are wondering why Yahoo paid such a high price for an app they are shutting down. Summly only had 5 employees. It seems that only 2 of them are making the move to Yahoo. One thing is certain. Yahoo will be getting a lot of press out of this acquisition.