Re:Is social audio already dead?
by rvz on Monday June 06, 2022 @11:59AM
(#31642142)
> I think Clubhouse was perhaps another VC pump and dump.
Attempted* quick pump and dump. They tried to get Twitter to acquire it for $4B and that failed so they are now scrambling to make money or make it worthy of an IPO.
Since either outcome is unlikely, they are most likely to do a down-round with more layoffs as a consequence and probably close down in the next 5 years.
Attempted* quick pump and dump. They tried to get Twitter to acquire it for $4B and that failed so they are now scrambling to make money or make it worthy of an IPO.
Since either outcome is unlikely, they are most likely to do a down-round with more layoffs as a consequence and probably close down in the next 5 years.