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By dotCore
Submitted: Apr 25 2013 / 21:23

Instapaper founder Marco Arment has just announced that he doesn't own his creation anymore. Betaworks, which also owns Digg, has acquired a majority stake in the read-it-later service. In a post on his personal blog, Arment explains that Instapaper had grown beyond its original beginnings in 2008 as a web-only service, and that maintaining it was no longer feasible for a one-person operation. "To really shine, it needs a full-time staff of at least a few people," he writes; hence the deal with Betaworks.
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