https://www.google.com/amp/s/www.cnbc.com/amp/2020/05/20/clubhouse-app-is-where-mc-hammer-and-jared-leto-chat-with-vcs.html Clubhouse is an audio app that's still in beta, but has turned buzzy because celebrities and high-profile venture capitalists are promoting it. The company has just been valued at about $100 million by Andreessen Horowitz, even though it doesn't yet have a public website. "It's either dead by July or it's something big," said Josh Felser, co-founder of venture firm Freestyle and an early Clubhouse user. Clubhouse is the buzzy new social app of 2020, freshly valued at $100 million after a reported $12 million in funding from Andreessen Horowitz. There's no website yet, and the founders, Paul Davison and Rohan Seth, have stayed out of the press. Their LinkedIn profiles say they started Alpha Exploration Co., the parent company of Clubhouse, earlier this year. Those in the exclusive beta group describe the Clubhouse experience as a mashup of listening to a podcast while scrolling through your Twitter feed and attending a conference remotely.
Who is MC Hammer
A founder of rap music
You can't touch this!
This won’t scale unless it becomes less exclusive, and without exclusivity it’s no longer cool
nail on the head
Cyber Dust
Josh is a really respected guy in the community for what it’s worth.
Exclusivity is a feature, not a bug. You don’t follow people less influential than you on Twitter. This type of social network won’t replace zoom calls, they’re building an influencer network. It works if they make it the best place for influencers to share their thoughts. If it works for top influencers it’s huge. Otherwise it’s dead by July. Exactly what you should invest in it you’re a VC firm.
who wants to listen to conference calls?
Well it’s now valued at $1bn and seems to be 🚀 to the MOON
Hype
Yea, shit like this won’t work anymore for better or worse.