$30 Million In 3 Months

Adam Cahan has a success story that many people dream about. Three months ago he launched IntoNow, an app that allows people to share what they are watching on television. He recently sold IntoNow to Yahoo for between $20- $30 million, reports Mail Online.

Mr Cahan has now been made a new vice-president at Yahoo! following the sale.

IntoNow is so far only available on the iPhone but he plans to roll it out on other mobile phones soon.

He is the latest in a long-line of internet entrepreneurs who have taken advantage of the iPhone’s popularity in what has been called a ‘modern day gold rush.’

IntoNow works in a similar way to music identifying service Shazam, only with television.

It scans the audio waves from your TV set and identifies which show you are watching, so users can then tell their friends on Twitter and Facebook.

IntoNow can identify the show, episode and time of airing for shows from the last five years.

It also produces suggestions for what to watch, based on the user’s interests and which shows their friends have seen.

Yahoo! believes the simple tool will be hugely popular in the future and has made Mr Cahan a millionaire to prove it.

Screenshot from IntoNow

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