Didn't it turn out that he(summly guy) contracted a company called somo to develop the app, and the summary technology came from company a called SRI.
So actually he didn't develop any of the app?
Sounds like he had advantages in money and connections then any merits in intelligence or knowledge that came from private school.
Oh and yahoo only brought summly because of the special exclusive deal they had with sri, not because of the app.
The reason you don't hear about this in the media is because he has a very expensive PR agency plastering him everywhere in the news describing him as a tech genius(Even though he didn't make it).