What Happened to Clubhouse?
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CLUBHOUSE
Clubhouse, which is headquartered in San Francisco, California, was founded in 2020 by Paul Davison and Rohan Seth
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The two founders had previously launched multiple startups in the social media space – none of which every really took off.
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They reconnected after Seth’s daughter was born with a rare genetic disease and Davison helped his family to set up a fundraiser.
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Soon after, they launched an app called
Talkshow
, which allowed people to schedule and host radio-like live programs.
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When the Covid pandemic began to wreak havoc, they rebranded the app to Clubhouse and made it available to a selected minority of iOS users.
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Clubhouse soon became the talk of the town and even attracted celebrities like Jared Leto, Ashton Kutcher, and Kevin Hart.
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Twitter, a year after Clubhouse launched, allegedly bid $4 billion to acquire the app but the founders ultimately declined.
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Usage has since dropped off substantially as lockdown measures across the globe were lifted. Clubhouse also had to lay off many of its employees.
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However, the founders still have tens of millions in the bank and are now trying to slowly revitalize growth.
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