Will Smith and Jay Z Invested in This Cool Camping App, And It Could Become the Next Big Thing!
When it comes to making smart investment decisions, best believe that Jay Z is the man to beat. How could you even think of refuting this after the singer made history by being the first rapper to join the billionaires’ club? He clearly didn’t get there by being a flop.
As for Will Smith, the actor must have some tricks up his sleeve after being in Hollywood for three decades and counting. That the man is a legend in the industry is in no doubt, but he is also a force to reckon within the business world.
Faith in a Camping App
And as it just so happens, the two men have put their faith in a camping app, so it might just be the next big thing. Hipcamp is an app that allows users to rent their outdoor space to those interested in using it for camping purposes, and with the kind of investors it is attracting, we’d better watch this space.
The world’s richest rapper went all in via Marcy Venture (a firm he owns), while his counterpart had his fund, Dreamers VC, put in the investment cash backing the app.
If you’re interested in finding a suitable camping space, Hipcamp allows the traditional tent experience, but also provides you with the option of renting RVs, in addition to providing “glamping locations.” Glamping, as they explain, is a blend between glamorous and camping.
So how does it all work? The Hipcamp team partners with landowners who want to use the extra space to earn a buck, then via the platform, connects interested parties to them.
What results is the amazing opportunity for people to camp in locations that would ordinarily have been labeled private property. Sounds cool, don’t you think?
What’s more, if you have a large enough backyard and don’t mind having people over, Hipcamp is just the perfect fit for you. Why have that empty space lying idle when you can always earn a few bucks from it without even going through so much of a hustle?
$25 Million Funding Round
In addition to Will Smith and Jay Z, a host of other investors have also poured their money into the app, seeing as Hipcamp raised at least $25 million in its 2019 funding round. You reckon they could do a whole lot with such an amount, don’t you? No wonder everyone is thinking that they’ll be making shockwaves real soon.
Apart from being co-investors (if that’s a thing), the Fresh Prince of Bel-Air breakout star and the Empire State of Mind hitmaker worked together in a filmmaking capacity, thanks to an ABC miniseries.
Originally supposed to be on HBO, the project tells the story of Emmett Till, the 14-year-old boy who was tortured and later murdered by two white Mississippi men.
The story is told from the perspective of Mamie Till, the boy’s mother. This angle is actually perfect for the project, seeing as its working title is “Women of the Movement.”
Interestingly, this isn’t the first time Smith and Jay Z worked together. Remember 2014’s Annie? That was all of them. They know their craft, don’t you agree?
More in business management
Most Expensive Grocery Items Right Now
As consumers, we are all familiar with the fluctuating prices of groceries. However, in recent times, certain factors, such as supply...July 9, 2023
LA’s Most Luxurious Rentals
Los Angeles, often called the world’s entertainment capital, is home to a wealth of luxurious rental properties catering to the city’s...July 3, 2023
No Money, No Problem! Here Are Genius Ways to Make a Living While Traveling
What’s holding you back from traveling? Money. Unfortunately, not all of us are born with a silver spoon in our mouths...June 7, 2023
How The Wrestling King Vince McMahon Achieved Stellar Success
Vince McMahon is the boss of WWE Raw & WWE Smackdown of the World Wrestling Entertainment and has often appeared on...June 7, 2023
You’ll Be Surprised to Know How Much Cardi B’s Net Worth Grew Since She Released Her Single Bodak Yellow
A couple of years ago, Belcalis Almanzar, also known by her artist name Cardi, B wasn’t as popular as she is...June 7, 2023
If You’re Married To a Military Officer, Here’s Some Financial Advice Your Family Could Use
Maintaining a family isn’t easy. And that’s just for regular people. For families where one partner is away protecting the country,...June 6, 2023
Kourtney Kardashian To Release Her Own Cosmetics Line
For years now, the Kardashians have dominated the world of television with their reality show that has been on the air...June 6, 2023
Financial Tips for New Joiners in the Military
Exiting high-school to take on new life challenges can, at times, be scary, especially if you’re thinking of pursuing up a...June 6, 2023
These are the Most Common Reasons Startups Fail– Find Out How You can Avoid the Same Mistakes
Startup founders are often faced with challenge after challenge in their quest to get funding and break out in whatever sector...June 5, 2023