Author : Herak Nick D’Aloisio was studying for his History exam when he saw the need to summarize large amount of textual contents into smaller summary for quicker reading. In March 2011 when he was only 15 years old he developed the iPhone app Trimit to address this need. Trimit condensed long texts into 500 and 1000 characters summary. Trimit was featured by Apple as one of the noteworthy apps of 2011 which drew the attention of Hong Kong based billionaire Li Ka-shing who invested $300,000 in venture capital funding. Nick used the feedback from Trimit to completely redesign the app and re-launched the app in December 2011 as Summly. Summly summarized web pages into a few key points and keywords allowing the user to read the gist of the article without going through the whole article. Summly was a huge success and received a series of investment from a number of high profile international celebrities such as Ashton Kutcher, St...