Betaworks Studio, LLC is an American startup studio and seed stage venture capital company based in New York City that invests in network-focused media businesses.
Its hybrid investor/builder model has led to investments in fast-growing startups such as Tumblr, Airbnb, Groupon, and Twitter; and more exclusive stakes in internally built startups such as Chartbeat, Bitly, and SocialFlow. Betaworks was founded in 2007 by John Borthwick.
In 2016, the company gained some attention through "The Intern" podcast, hosted and produced by employee Allison Behringer.[1]
In 2016, Betaworks sold its Instapaper product to Pinterest, a social media scrapbooking site, .[2]