Tuesday, November 6, 2012

World's Youngest VC-Funded Entrepreneur?

See on Scoop.it - Transformations in Business

He was just 15 when he landed his first chunk of change from VCs. Now this high-schooler counts Ashton Kutcher, Yoko Ono, and Mark Pincus as backers.

“News on mobile is fundamentally broken,” D’Alosio explains. “It’s not the personalization element that needs to change—it’s the content. A lot of start-ups are trying to solve personalization, but this is a step beyond that. People are just fundamentally not interacting with the content itself, that’s the issue. We’ve tried to algorithmically come up with a solution.”

D’Alosio has used the $1 million to hire “some serious scientists” to improve on his original algorithm.

See on smallbusiness.yahoo.com

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