Founding partner Rich Ziade says the company is still "figuring out" their business model.
But the parser Readability created under the Apache license is being used by Apple and Amazon in millions of devices, neither of which pays a dime in licensing fees to this small startup.
He talks about it here - http://www.betabeat.com/2011/11/16/readability-focuses-on-fr...
Readabilities dream of a long form "slow" web that rewards publishers is noble, but they would be better equipped to build it if they had secured their business model early on.