Andreessen Horowitz values camping business Hipcamp at $127M
In 2013, Ravasio learned to code and built the first iteration of the Hipcamp platform, a comprehensive database of campsites that earns money by taking a commission made from each booking it facilitates. Today, the company has grown to 40 employees, with campsites in 300,000 sites across the U.S. and plans to expand internationally soon.
“We’re committed to getting people outside, and that’s really the guiding light of our expansion plans,” she said.
As for long-term plans, an Airbnb acquisition wouldn’t make sense, Ravasio explained: “I think going public and making Hipcamp a company that anyone can buy and own part of is exciting to me”
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