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Unless I missed a particular story, I haven't seen Summly or Yahoo! announce the number is $30m. A reasonable point here was that relicensing from SRI for the core functionality of this app could be a large part of the purchase price. Also, not being totally familiar with taking VC money, it sounds reasonable to me that a significant portion of the monies is going back to the investor(s?).

While I think $15m would have been fine and generous, it doesn't shock me that someone important in Yahoo! got it stuck into their head that Summly was hitting on something that would "change the way people use news", a particularly neat fit if their intention is still to be the new homepage of the internet.




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