Following the massive success of Clubhouse, firms like Twitter and Facebook have begun work on their very own dwell audio chat platforms. Interestingly, it appears that evidently Twitter has already considered acquiring Clubhouse for a whopping $4 billion — though the plan has not turned out as anticipated.
As reported by Bloomberg at this time, Clubhouse has been in talks to lift funds from buyers. However, one of many firms that has negotiated with Clubhouse is none aside from Twitter. The report says that each firms have had talks “in recent months” in accordance with their very own sources.
Twitter Inc. held talks in latest months to accumulate Clubhouse, the buzzy audio-based mostly social community, in accordance with folks conversant in the matter. The firms mentioned a possible valuation of roughly $4 billion for Clubhouse, the folks mentioned, asking to not be recognized as a result of the matter is non-public.
Although Twitter considered shopping for Clubhouse, the corporate has already given up on that concept for some unknown motive. It’s not laborious to think about that the social community realized that its personal Clubhouse various known as Twitter Spaces could possibly be much more well-liked with out the necessity to purchase one other app.
Clubhouse was launched in 2020, but it surely solely grew to become well-liked in early 2021 after a number of celebrities like Mark Zuckerberg and Elon Musk joined the platform. For these unfamiliar with the app, Clubhouse lets customers chat with others by way of dwell audio in numerous rooms. The app, which stays unique for iPhone, reached greater than eight million downloads on the App Store in February this 12 months.
At the identical time, Facebook, LinkedIn, and even Spotify are engaged on comparable options for their apps. Bloomberg says Clubhouse remains to be trying for investments, however the way forward for the social community is unsure, contemplating the rising competitors.
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