Photo Credit: Vince Bucci/Getty
We announced earlier this month that Jay Z and Will Smith were partnering on an upcoming series called ‘Women of the Movement’ and the two are working on a new business venture.
Smith and Carter are coming together again for an app. The investment will be with Hipcamp which is an app that refers to itself as “the Airbnb of camping.”
The premise is that it offers users the ability to rent grounds and outdoor space to campers. Apparently, the company has already raked in $25 million in fundraising efforts and Jay has added to the fund with his Marcy Venture Partners while Will has done the same with his Dreamers VC fund.
Congrats to Will Smith and Jay Z!