Social media app Clubhouse could be worth as much as $4billion following its latest funding round and just a year after its founding.
The company said yesterday that it had finished a third cycle of fundraising led by Andrew Chen of venture capital firm Andreessen Horowitz, which has previously backed prominent startups like Soylent, Coinbase, and Airbnb.
Clubhouse had been valued at $1billion as recently as January when it received another $100million in a Series B funding round, but the new financial package values it at four times that amount, according to a source speaking to Reuters.
Clubhouse had been valued at $1billion as recently as January when it received another $100million in a Series B funding round
The hottest new app of 2021 appears to be social networking app Clubhouse which has seen an influx of interest in recent weeks.
It could become a money spinner for amateur social media enthusiasts and entrepreneurs who are good orators and develop a respectable following.
We have spoken to some people who claim to have made thousands of pounds from the app already including Shaa Wasmund MBE, but also outline some of the pitfalls of Clubhouse.
So what is it? Harvey Morton, digital expert and founder of HarveyMorton.Digital explains: It s an audio-only social networking app where you can join discussions about various topics that are happening at that time, as well as viewing which topics are scheduled for viewing later.