About Hipmunk alternative
In a little over a week, the travel metasearch engine Hipmunk will shut down. It’s an abrupt and disappointing end for a product acquired by SAP Concur around three and a half years ago.It didn’t have to go this way, though. We’re now hearing that Hipmunk co-founders Adam Goldstein and Reddit CEO Steve Huffman (both of whom left Hipmunk in years prior) made an offer to buy the company back rather than have it shut down, to no avail.As first reported by Skift and confirmed with our own sources, Hipmunk employees at an all-hands meeting today asked about the buyback offer and were told it wasn’t going to happen.Why SAP Concur would opt to shut down Hipmunk rather than spin it back out isn’t entirely clear, though these things are undoubtedly more complicated than the parent company saying “Oh, you want it back? Sure! Take it!”A few years post-acquisition, Hipmunk DNA has intertwined with Concur’s to some degree — including a product for small-to-medium businesses straight up called “Concur Hipmunk” — so there’s presumably interest on SAP Concur’s end in keeping engineers who know all the relevant codebases around. Hipmunk also had patents that switched hands in the acquisition (and more were approved post-acquisition), and it’s possible SAP doesn’t want to let those go. It’s also entirely feasible that the offer came too late, or just wasn’t significant enough, for a company as large as SAP to slam the brakes and start detangling things.A rep for SAP Concur declined to comment. Greg Kumparak was an editor at TechCrunch. Greg started at TechCrunch in May of 2008 as the editor of its sister site, MobileCrunch. Greg’s coverage primarily focused on consumer companies, particularly those involving gadgets, robotics, or augmented reality. Disclosures: Greg holds shares in ETFs/mutual funds and owns a small amount of cryptocurrency (ETH, ADA) View Bio Most Popular Newsletters Subscribe for the industry’s biggest tech news Related
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Hipmunk takes the agony out of searching for flights, accommodations,…Hipmunk is making travel planning simple and delightful. The site and mobile apps save you time by comparing top travel sites so you don't have to. The unique display makes it easy to visually compare results and choose what's best for you. Hipmunk brings in travel options ranging from commercial flights to trains to charter flights and accommodations ranging from large hotels to home and apartments rentals through Airbnb and Homeaway. Users can find less agonizing flights with the innovative flight search “Agony” sort, as well as the best hotels and home rentals with the hotel search “Ecstasy” sort. Hipmunk is one of TIME Magazine’s “50 Coolest Websites,” TIME Magazine’s “50 Best Smartphone Apps,” Travel + Leisure’s “Best Websites of 2012,” Budget Travel’s “Top 10 Most Useful Websites,” and Inc.’s “Best Booking Website.” Co-founders Adam Goldstein and Steve Huffman were named to Bloomberg BusinessWeek’s “Top Tech Entrepreneurs,” Forbes “30 Under 30” and Inc.’s “30 Under 30” lists. The company launched in 2010, is based in San Francisco, and has funding from IVP, Ignition Partners, Y Combinator, SV Angel, Webb Investment Network, Quest Hospitality Ventures, and several angel investors.HipmunkTeam Size:51Status:AcquiredLocation:San FranciscoAdam Goldstein, Founder/CEOFormer co-founder and CEO of Hipmunk, former YC visiting partner, O’Reilly author. These days I write about founder stress at working on a stealth biotech.
