/ The Distributed Studio Index™ · Q2 2026 Profile

Expa

B+
/ Independent Studio · 80/100 · Strong

Garrett Camp (Uber co-founder)–led SF studio (2013). Reefer (acquired), Operator, Mix, Trip.com partnership. More selective than peer studios; founder-operator depth strong.

/ 01 / Subscore Breakdown

How the grade decomposes.

Repeatability/ 25% weight
82
Capital Efficiency/ 22% weight
80
Operator Bench/ 20% weight
80
Equity Ownership Capture/ 18% weight
78
Portfolio Outcomes/ 15% weight
80
/ 02 / Studio Notes

Best for / Watch out for.

/ Best for

Consumer + travel + product-led companies seeking Garrett Camp network.

/ Watch out for

Selective slate; not high-volume formation. Single-founder dependency on Camp's attention.

/ 03 / Public-Record Timeline

What's on the record.

2024
Continues selective portfolio operations
2013
Expa founded by Garrett Camp