Jay-Z and Will Smith spend money on new ‘Airbnb of tenting’ app



Jay-Z and Will Smith are staking out their territory — within the tenting trade.

We’re advised the rap royals — neither of whom, to our data, is wont to eat out of cans and sleep below the celebrities — each invested in Hipcamp, an app that payments itself as “the Airbnb of tenting.” (It mainly lets individuals with outside house hire it out to campers.)

The corporate took in $25 million in its newest spherical of fund-raising — so curiosity within the enterprise is seemingly … in tents. Hova is investing by his Marcy Enterprise Companions, and Smith’s going by his Dreamers VC fund.