Clubhouse buzz is already fading

Clubhouse is the hottest social media start-up since Snapchat burst on to the scene a decade ago. Clubhouse is a flash in the pan whose mooted $4 billion valuation will, in retrospect, be seen as a moment of pandemic-induced madness.For the year-old company, both narratives are raging. Here are the facts. The audio chatroom app topped 10 million weekly active users in late February, even though it was invitation-only (it still is) and was not available on Android phones — 84 per cent of the market. It hit the headlines as a buzzy meeting space where Tesla founder Elon Musk would drop in to conversations, along with A-list Hollywood stars, comedians and tech bros.It is fair to say that Clubhouse, created by entrepreneur
Read More