Clubhouse, which conducted a round of investment in January with a reported valuation of about $ 1 billion, now believes it is worth four times as much, Bloomberg reported mardi.
A new round of funding that the audio chat app is negotiating with investors could value the company at around $ 4 billion, sources told the news agency, although it is not known. how much Clubhouse is seeking to raise or which investors participate.
Bloomberg noted that quadruple its own valuation in the space of a few months would reflect the “astronomical expectations” of investors, which is a bit of an understatement given that the company was only launched a long time ago. an and has yet to prove any live broadcast audio conversations. can earn that much income. As the Noted Information back when Clubhouse reached a valuation of $ 1 billion, there is not even an Android version of the application for the moment, and the company too doesn’t make any money. RToday he is still in the dollar depletion phase of his operation, trying to attract buzzing influencers. with cash bonuses in order to lay the foundation for monetization. There is also the risk that Clubhouse’s live public audio chat rooms are mostly so popular right now because the ongoing coronavirus pandemic is preventing its users from doing just about nothing more interesting than attending virtual seminars.
For Bloomberg, Investment firm Andreessen Horowitz valued the Clubhouse at around $ 100 million by January:
Andreessen Horowitz was a major stimulus for the app. He initially valued the parent company at $ 100 million before the investment in january at 10 times that assessment. (Bloomberg LP, the parent company of Bloomberg News, has invested in Andreessen Horowitz.)
Nothing is certain yet, and of course, information about impending deals tends to pop up when one of the interested parties wants to advertise in their favor. So we’ll see.
The clubhouse was mainly popular in Silicon Valley, where it attracted some members of venture capitalists, tech workers and industry-focused journalists, not to mention a coterie of bigots and far-right agitators attracted to her loose moderation policies. (It also became a hub for wealthy VCs and various hangers-sure to complain endlessly about “canceling the culture”.) It has been proven since to have a wider appeal, to boast a particularly dynamic Black community responsible for much of the Clubhouse cultural stamp, and according to the New Yorker, had some 10 million users in February. The brands are now flocking to the app, and an ecosystem of sister apps and audio tools designed specifically for use with Clubhouse a started to blossom.
Even if Clubhouse doesn’t turn out to be a flash in the pan, it’s going to have to compete with a huge and in some cases puzzling array of apps that have eagerly skipped the opportunity to clone its features. Facebook, Parent company of TikTok ByteDance, and Twitter, as well as business applications LinkedIn and Mou, are all rushing to launch their own audio chat features.