Hipmunk Co-Founders Spurned by SAP Concur in Attempt to Buy Back the Company (skift.com)

Hipmunk was a head scratcher from day one and it's purchase made no sense except in light of who their founder was. Buying hipmunk was a play to get close to Reddit.

To those that have, everything will be given, to those with nothing, everything will be taken away.

Congrats to Steve for his second big money grab. Next he should start and sell an Amazon clone!

Once Hipmunk sold itself to SAP Concur, it was SAP's IP. SAP could do whatever they wanted with it including burning it down to the ground. And that is what they did rather than selling it back to the founders.

Fascinating. How the employees banded together, etc.