Skift Take
Hipmunk has a lot of funding in the kitty. With Kourosh Karimkhany's hiring, perhaps a little M&A activity is in the cards?
It is a reunion of sorts as Kourosh Karimkhany, till recently head of integration at SAY Media and former head of M&A at Conde Nast, has joined the much-hyped travel-search startup Hipmunk at an as-yet undefined executive operations and product role, Skift has learned.
Hipmunk co-founder and CEO Adam Goldstein confirmed the new-hire to us, adding that Karimkhany’s title is unclear. “We really don’t do titles much,” Goldstein said.
Karimkhany’s arrival means he’s be working together again with Hipmunk and former Reddit co-founder Steve Huffman. He was the lead M&A executive at Conde Nast back in 2006 and spearheaded the company’s acquisition of Reddit.
Hipmunk’s employee base has a fair amount of former Redditors besides Huffman, including its Chief Scientist Chris Slowe.
The hiring of Karimkhany comes at a key juncture for Hipmunk, which in June announced that it closed on a $15 million Series B funding round, led by the Round A leader, Ignition Partners.
Hipmunk, which just marked its second birthday and is a tech-media darling, has developed some innovative products, but needs to do a lot of work in solving the traffic puzzle.
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