Odeo for sale

Obvious, the startup that created both Odeo (podcasting software) and Twitter (social SMSes) is looking to sell off one of its inventions: Odeo. Ev Williams (co-founder of Blogger) built Odeo with many of the old Blogger team, and it's a nice service, one that pays for itself and more, but the Obvious folks are really focused on Twitter, which they're clearly having a hell of a lot of fun with.

So rather than killing Odeo, or letting it limp around sickly and unregarded, they're trying to sell it — but not through a mergers-and-acquisition dog-and-pony. Instead, they've basically put up a long classified ad:

We're open to a variety of scenarios–from cash offer to an equity position. Our main concern is the ability to focus on Twitter and to see Odeo live on in some legitimate form.

If you're interested in Odeo and can make a serious offer–either in cash or the ability to invest in it while we retain some equity–email me (ev AT obvious) for more details.

Link

(via Evhead)