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Jay Z & Will Smith invested in Hipcamp, the Airbnb for camping

Posted on August 18th, 2019
by
Staff Editor


Jay Z has been on a role, locking down deals and showing off his entrepreneur side of his career. Just recently, him and Will Smith decided to expand their territory in the camping industry.

They both did this by investing in Hipcamp, an app that refers to itself as “the Airbnb of camping.” This startup officially announced its $25 million Series B funding on July 24, according to Business Passionates.

Led by Andreesseb Horowitz, the Series B funding had valued the company at $120 million, and the startup has raised $41.6 million in funding since 2013. Hipcamp’s primary mission is to get more people to experience and stay outdoors. Spending time outdoors is so beneficial for our health, so Hipcamp is trying to encourage more people to consider an outdoor holiday. Camping can be extremely fun, especially when you’re with the right company. It gives you the ability to be able to experience things that you’ve never had the chance to do before. For example, camping gives you an excuse to look at sites like campingfunzone.com to learn more about snake berries and whether you can eat them. This could be informative, as we all know that berries can have a huge part to play in the enjoyment of camping, particularly if you decide to pick them or to incorporate them into your food. When it comes to deciding what food to bring with you or buy each day, tools like these electric cool boxes mean you can store food you would normally put in the refrigerator and be confident that it won’t spoil. And food is just the start.

Being outdoors also opens up so many doors too. There are lots of different activities that you could do. One of the most popular outdoor activities that people love playing when they go camping is airsoft. That sport requires two teams and a supply of airsoft guns. It’s believed that Gas pistols are the most powerful in airsoft, so it might be worth trying to source some of them if you’re going camping soon. That could be an extremely fun game to play when camping, so it might be worth looking into it. Of course, there are other camping activities too.

In other news, Jay-Z made his last business deal, becoming part owner of an NFL team that’s has not been revealed yet. This deal has cause a lot of controversy because of his previous statements that damned the NFL. Read more about that on our previous post here.

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