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His tweet became an open invitation for VCs to share whether they thought astrology was, in fact, flapdoodle (which, according to Merriam-Webster, means nonsense.) Several VCs echoed Wolfe s concerns that astrology apps profited from vulnerable people seeking comfort.
Sanctuary CEO Ross Clark told Insider they re missing the point. It is clear that the VCs chiming in don t have context of the role that astrology plays in consumers lives nor an awareness of the 70 million-plus Americans connecting with these practices every day, Clark said.
Clark also offered Wolfe a reading from the app so he could see how it helps users identify patterns in their life and deepen self-reflection. No word yet on if Wolfe will take him up the offer.