Clubhouse CEO Says the Once-Hot Startup Grew ‘Way Too Fast’
The Clubhouse app.
Photographer: Bloomberg
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Clubhouse, the audio-only app designed to be a virtual conference hall, generated heavy buzz during the peak of the pandemic and received a $4 billion valuation earlier this year. In the months since then, that excitement seems to have cooled.
The red-hot start may have been a drawback, Clubhouse Chief Executive Officer Paul Davison said Wednesday in an interview with Emily Chang on Bloomberg Television.