posted on Mar, 27 2013 @ 07:54 AM
Nick d'Aloisio, 17, sold his company to Yahoo in a 30 million dollar deal. He entrepeneured as a 15year old the App "Summly". Among the risk
capital investors who profit from the deal are people like Yoko Ono, Ashton Kucher and Rupert Murdoch.
That sounds great! Anybody can do it with a bright mind, clever innovation and some luck! Right? Wait...Reality check: A teenie who manages to attract
investors for a risky start up and all he has is a useless App? Hm this story sounds like booze for the masses. Believe me, your idea could be much
better, the prospective return on investments much higher and its development much further and you would not get any venture capital for your idea. At
worst your idea would get stolen and further developed by big companies (yes this happens a lot, I have a friend who keeps winning one law suit after
the other against Sony for more than 10years now (its about billions of dollars), but yet didnt see a dime). But quite the opposite happened to that
cute boy: he gets hyped in news magazines all around the globe.
There was something fishy, so I googled it. And there it was: Nick d'Aloisio son of Lou Montilla, Vice President at Morgan Stanley. Heck Nick could
have invented a pillow with wheels and his father could have directed risk capital flows towards his company. That alone wouldn't make a ATS story
yet. Because all there is, are the media who love fairytales of a world where anybody can achieve anything he sets his mind to.
But as I checked today the names and professions of his parents are gone from Wikipedia. Ah... the truth would have hurt the star potential of that
story. Now apperantly his father is "into commodities" - that's a bold understatement. It's just an example how the world works today and how the
people in power want to cast a totally different picture of it.
What angers me, isnt the boy who got so lucky, not the father who helps his son in being successful. It's the media which is so uncritical of any
content provided to them and spins some fairy tales to make the people think that they live in a world which doesn't reign total dominion over them.