Odeo, a podcasting site started by Evan Williams, who already made a tidy little fortune selling Blogger to Google, is buying back the share owned by investment firm Charles River Ventures. A source told Valleywag, Evan made the decision to dump investors (the venture capitalist aren't happy), which leads us to believe Williams still greatly cares about the company and has plans for Odeo's future. The source also says Evans never needed the money but was scared not to take it, and Charles River is now shopping around for a new podcast companies to invest in.

[Odeo]
[Charles River Ventures]