PALO ALTO, Calif. (AP) - A Silicon Valley entrepreneur who
secretly lived at the office of AOL Inc. to save money now has his
own place.
The San Jose Mercury News reports that 20-year-old Eric Simons recently received $50,000 in new funding and is renting a house in Palo Alto.
Simons ended up at AOL with a $20,000 grant from a business
incubator that used AOL's Palo Alto office.
When he was no longer able to pay rent, he made the office his
home. He kept clothes at the AOL gym, slept on couches and grabbed
snacks that were set out for everyone in the morning.
He was caught after about two months in December by a manager in
the building. But his story - first reported by technology website
CNET last week - has generated a buzz that has attracted other
investors.
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