Anyone have insight into the sale price?
Hipmunk raised $55M over 7 rounds [1] and had 51 employees [2].
Hipmunk raised $55M over 7 rounds [1] and had 51 employees [2].
It became obvious that Hipmunk was never going to be a 100x growth company, and the industry is not headed in a positive direction for small companies (access to accurate data is increasingly a roadblock), so I'm guessing the investors were happy to get out before the value of the company was zero.
I'm sure the employees were given optional retention packages, and the executives likely compensated very well, but I wouldn't expect anyone got rich here.