Arment Sells Instapaper

2013-04-26 07:57 ☼ post

Marco Arment sells Instapaper to Betaworks.

I’m happy to announce that I’ve sold a majority stake in Instapaper to Betaworks. We’ve structured the deal with Instapaper’s health and longevity as the top priority, with incentives to keep it going well into the future. I will continue advising the project indefinitely, while Betaworks will take over its operations, expand its staff, and develop it further.

Seems like a good move for a guy that has a plethora of good ideas and limited resources to develop and implement them all.